Stakeholders can be affected by business, and they can also affect business.

Question

Quizplus · Accepted Answer

Stakeholders can have a significant impact on a business, and they can also be influenced by a business's activities, decisions, and operations. This two-way relationship between stakeholders and businesses can have significant implications for both parties. Thus, stakeholders' impact is undeniable in terms of business performance, and businesses must consider stakeholder concerns in their strategic planning and decision-making processes.

Stakeholders Can Be Affected by Business, and They Can Also