BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one of the following best defines the term stakeholder?
A
An owner of a private limited company
B
Someone with an interest in the success of a business
C
Any individual who takes decisions within a business
D
An individual who is a part owner in a business
Explanation: 

Detailed explanation-1: -A stakeholder is a person, group or organization with a vested interest, or stake, in the decision-making and activities of a business, organization or project. Stakeholders can be members of the organization they have a stake in, or they can have no official affiliation.

Detailed explanation-2: -What Is a Stakeholder? A stakeholder is a party that has an interest in a company and can either affect or be affected by the business. The primary stakeholders in a typical corporation are its investors, employees, customers, and suppliers.

Detailed explanation-3: -While an interest in an effort or organization could be just that – intellectually, academically, philosophically, or politically motivated attention – stakeholders are generally said to have an interest in an effort or organization based on whether they can affect or be affected by it.

Detailed explanation-4: -Answer» B. A person who is related with a business.

There is 1 question to complete.