Which one of the following is considered to be a nonmarket stakeholder of business?
A) Customers.
B) Nongovernmental organizations.
C) Creditors.
D) Stockholders.

Question

Quizplus · Accepted Answer

Nongovernmental organizations (NGOs) are considered to be a nonmarket stakeholder of business as they are not directly involved in the market exchange of goods or services with the business. NGOs can include environmental groups, human rights organizations, and other advocacy groups that may have an interest in the actions of the business but do not hold a financial stake in the company. Customers, creditors, and stockholders are all considered to be market stakeholders as they have a direct financial interest in the success of the business.

Which One of the Following Is Considered to Be a Nonmarket