Who are stakeholders?
A) the direct competitors of the business
B) customers and competitors who interact with the business
C) vendors and suppliers who do not provide services to the business
D) groups or individuals with a personal interest in the performance and actions of a business

Question

Quizplus · Accepted Answer

Stakeholders are groups or individuals who have a personal interest in the performance and actions of a business. This can include investors, employees, customers, suppliers, regulators, and the local community, among others. While competitors may interact with the business, they are not considered stakeholders in the same sense as those with a personal interest in the success or failure of the company. Vendors and suppliers who do not provide services to the business may have some impact on the company's operations, but again, they are not considered stakeholders.

Who Are Stakeholders