BUSINESS ADMINISTRATION
INDUSTRIAL RELATION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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which of these is not a stakeholder?
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the government
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suppliers
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consumers
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trade unions
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Explanation:
Detailed explanation-1: -In the list above, the internal stakeholders are the owners, managers, and workers, while the external stakeholders are the trade unions, clients, suppliers, creditors, local community and government.
Detailed explanation-2: -The primary stakeholders in a typical corporation are its investors, employees, customers, and suppliers.
Detailed explanation-3: -Competitors are not considered to be a stakeholder.
Detailed explanation-4: -Company Union cannot be said to be a trade union since trade union is established for the specific purpose of advancing and protecting the interests of its members or workers in their working relationship. Trade unions are voluntary associations which aim towards common goals.
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