What is the term for all of the different people or groups of people that are affected by the policies, activities, and decisions of a business and whose concerns the business needs to address?

Question

Kamila Braun

Business

25 September, 20:49

What is the term for all of the different people or groups of people that are affected by the policies, activities, and decisions of a business and whose concerns the business needs to address?

+3

Answers (1)

Know the Answer?

Jimmy Oneal · Answer 1

Stakeholders

Explanation:

The two important groups in every corporation are the stakeholders and the shareholders. Shareholders are the owner of the business and stakeholders are the employees, owners, and union etc. Stakeholders are greatly affected by the policies, operations and decisions of a business because their profits are directly related to these factors. Stakeholders can affect the business and can be affected by the business.