BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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External stakeholders consist of the following groups:
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shareholders, customers, managers, community, and government.
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shareholders, employees, customers, community, and government.
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company owners, customers, community, and government.
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shareholders, customers, suppliers, community, and government.
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Explanation:
Detailed explanation-1: -External stakeholders are those who do not directly work with a company but are affected somehow by the actions and outcomes of the business. Suppliers, creditors, and public groups are all considered external stakeholders.
Detailed explanation-2: -Common examples of stakeholders include employees, customers, shareholders, suppliers, communities, and governments.
Detailed explanation-3: -For example, shareholders are internal stakeholders because they’re tied to your company through the stocks they own. As such, they’re directly impacted by projects that influence stock prices.
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