Ask Question
10 August, 06:52

What term describes individuals and groups, both internal and external to the company, whose support is critical to the success of the organization?

+4
Answers (1)
  1. 10 August, 07:20
    0
    The term is stakeholder.

    Explanation:

    Stakeholders are the people or groups who have an interest in the business. They either affect or are affected by the business. Generally, employees, consumers, creditors, investors, and suppliers are stakeholders of a business.

    Stakeholders are categorized into two types.

    External Stakeholders Internal Stakeholders

    External stakeholders are those people or groups who are not directly related to the business, for instance, creditors and investors, suppliers.

    Internal stakeholders are those group and people who are directly related to the business, for instance, employees, owners, etc.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What term describes individuals and groups, both internal and external to the company, whose support is critical to the success of the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers