Bill bought shares of stock in XLT Corp. As an investor, Bill is a __________ of the company.

Question

Quizplus · Accepted Answer

A stakeholder is anyone who has an interest or is affected by the actions of a company. As a shareholder in XLT Corp., Bill has a financial stake in the company's success and therefore qualifies as a stakeholder. Customers purchase goods or services from a company, suppliers provide goods or services to the company, and employees work for the company, but none of these roles necessarily imply a financial interest in the company's success.

Bill Bought Shares of Stock in XLT Corp