Stakeholder is a term used to describe groups inside the organization who have a stake in its performance, while stockholder is a term used to describe groups outside the firm who have an interest in its performance.

Question

Quizplus · Accepted Answer

The statement is incorrect. Stakeholders can be both internal and external to the organization, while stockholders specifically refer to individuals or groups who own stocks or shares in the company.

Stakeholder Is a Term Used to Describe Groups Inside the Organization