The customers,employees,stockholders,suppliers,bankers,and others who stand to gain or lose by the policies and practices of a business represent the firm's:
A) Market makers
B) Economic environment
C) Stakeholders
D) Social mentors

Question

Quizplus · Accepted Answer

Stakeholders are individuals or groups that have a stake or interest in the outcomes of a business. They can be customers, employees, stockholders, suppliers, bankers, and others who are affected by the policies and practices of the business. To be successful over the long-term, businesses need to take a strategic approach to managing their relationships with stakeholders and to create value for all of them.

The Customers,employees,stockholders,suppliers,bankers,and Others Who Stand to Gain or Lose by the Policies