Individuals or groups with an interest in the success of an entity are collectively

Question

Quizplus · Accepted Answer

The term "stakeholders" refers to individuals or groups who have a stake or interest in the success of an entity, which includes not just shareholders, but also employees, customers, suppliers, and the wider community impacted by the entity's operations. The board of directors are a group responsible for overseeing the management of the entity, but they may or may not have a direct stake in its success, depending on their role (e.g. independent directors versus insider directors). Therefore, choice C is the most inclusive and accurate answer.

Individuals or Groups with an Interest in the Success of an Entity