Which of the following statements regarding stakeholders is most accurate?
A)Employees are typically not classified as a stakeholder group because they are internal to the organization.
B)There are only three types of stakeholders: customers,suppliers,and distributors.
C)All stakeholders are internal to the organization.
D)Stakeholders are a varied group; all are in some way affected by how well a company performs.
E)Stakeholders are only those that have an ownership stake in an organization.

Question

Quizplus · Accepted Answer

Stakeholders are a broad and varied group that includes anyone who is impacted by the actions of a company. This can include employees, customers, suppliers, shareholders, local communities, and even the environment. While shareholders may be considered stakeholders because of their ownership stake in the company, they are not the only stakeholders that matter. A company that only focuses on shareholder value at the expense of other stakeholder groups may ultimately harm the business in the long run. Therefore, the most accurate statement regarding stakeholders is that they are a varied group who are all impacted by how well a company performs.

Which of the Following Statements Regarding Stakeholders Is Most Accurate