An organization's stockholders, its suppliers, its employees, its customers, and society at large all share what in common with regard to an organization?

Question

Brice Reyes

Business

24 January, 00:41

An organization's stockholders, its suppliers, its employees, its customers, and society at large all share what in common with regard to an organization?

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Answers (1)

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Derick Barton · Answer 1

all of these are stakeholders of the organisation

Explanation:

In simple words, stake holders refers to the individual parties that impacts or get impacted by the decisions and activities of the business. The benefits of the parties are directly linked to the benefits of the business organisation.

Customers, investors and government are some of the many examples of external stakeholders while employees is an example of internal stakeholders. The objectives of different stakeholders could be conflicting sometimes.