GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Own shares of a business or organisation
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Are within the internal environment
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Have no direct interest in the organisation activities
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Have direct or vested interest in the activities of the organisation
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Detailed explanation-1: -A stakeholder is a person, group or organization with a vested interest, or stake, in the decision-making and activities of a business, organization or project. Stakeholders can be members of the organization they have a stake in, or they can have no official affiliation.
Detailed explanation-2: -A stakeholder has a vested interest in a company and can either affect or be affected by a business’ operations and performance. Typical stakeholders are investors, employees, customers, suppliers, communities, governments, or trade associations.
Detailed explanation-3: -Stakeholders encompass all individuals or groups who have a vested interest in the performance of the business. It is vital that organisations build healthy and balanced relationships with their stakeholders, as their level of authenticity is determined by how well they meet their stakeholders’ demands.
Detailed explanation-4: -In business, a stakeholder is any individual, group, or party that has an interest in an organization and the outcomes of its actions. Common examples of stakeholders include employees, customers, shareholders, suppliers, communities, and governments.
Detailed explanation-5: -Direct stakeholders are those involved in the company’s day-to-day activities. Like employees, who carry out their daily tasks, working on the company’s ongoing projects. Indirect stakeholders are those who are more interested in the result of the production.