Why do young children not meet the textbook author's definition of stakeholder?
A)They are not of legal age.
B)They do not have capacity to affect the firm's operations.
C)They are not interested in stakeholder issues.
D)They are not consumers.

Question

Quizplus · Accepted Answer

According to the textbook definition, a stakeholder is someone who has the capacity to affect the firm's operations or is affected by the firm's operations. Young children, while they may have interests related to the firm's operations, typically do not have the capacity to affect them due to their age and lack of resources. Therefore, they do not meet the textbook definition of a stakeholder.

Why Do Young Children Not Meet the Textbook Author's Definition