BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of these is not a key stakeholder that an organization must seek to satisfy?
A
Managers
B
Shareholders
C
Employees
D
Customers
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.