Managers and employees are internal stakeholders,while external stakeholders include shareholders,lenders,creditors,suppliers,customers,the government and the community at large.

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The statement is true as managers and employees are considered as internal stakeholders, whereas external stakeholders consist of various parties such as shareholders, lenders, creditors, suppliers, customers, the government, and the community at large.

Managers and Employees Are Internal Stakeholders,while External Stakeholders Include Shareholders,lenders,creditors,suppliers,customers,the