BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of these is not a key stakeholder that an organization must seek to satisfy?
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Managers
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Shareholders
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Employees
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Customers
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Explanation:
Detailed explanation-1: -Managers is not a key stakeholder that an organization must seek to satisfy. A manager is a person who is responsible for a part of a company, i.e., they ‘manage’ the company.
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: -One of the most important groups of stakeholders that a business must satisfy is its customers.
Detailed explanation-5: -Common examples of stakeholders include employees, customers, shareholders, suppliers, communities, and governments.
There is 1 question to complete.