GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one of the following best defines the term stakeholder?
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An owner of a private limited company
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Someone with an interest in the success of a business
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Any individual who takes decisions within a business
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An individual who is a part owner in a business
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Explanation:
Detailed explanation-1: -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-2: -A stakeholder is a person or group who has a vested interest in a business and can impact or be impacted by the company’s operations. Customers and employees are stakeholders.
Detailed explanation-3: -Stakeholders are individuals, groups or organisations directly involved with, or indirectly affected by, a project, product, service or enterprise. As such, stakeholders likewise impact why and how a company does business.
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