Which of the following statements about stakeholders is true?
A)Employees are typically not classified as a stakeholder group.
B)There are only three types of external stakeholders - customers, suppliers, and distributors.
C)All stakeholders are external to the organization.
D)Stakeholders have a stake in how well a company performs.

Question

Quizplus · Accepted Answer

Stakeholders are individuals or groups who have a stake in how well a company performs. This includes both internal stakeholders, such as employees and shareholders, and external stakeholders, such as customers, suppliers, and distributors. Therefore, option A is incorrect. Option B is incorrect as there are several other external stakeholders, such as government agencies, regulatory bodies, communities, and the environment. Option C is incorrect as there are both internal and external stakeholders.

Which of the Following Statements About Stakeholders Is True