Stakeholders are individuals or organizations that are affected by a company's decisions. Which one of these can be considered an external stakeholder to a global oil and gas company?

Question

Quizplus · Accepted Answer

Independent drilling equipment producers are considered external stakeholders to an oil and gas company.
Key Takeaway: External stakeholders are those entities affected by an organization's decisions. If a global oil and gas company decides to reduce its operations in key areas, this decision affects independent drilling equipment manufacturers in terms of sales. While they are independent of one another, the manufacturers' core business is dependent on the company's operations.

Stakeholders Are Individuals or Organizations That Are Affected by a Company's