Advertisements
Advertisements
Question
Local community is an example of ______.
Options
Internal stakeholders
External stakeholders
Primary stakeholders
None of these
Solution
Local community is an example of External stakeholders.
Explanation:
External stakeholders are individuals or groups outside of an organization who are affected by its activities and decisions. The local community falls into this category as it can be impacted by the organization's operations, such as through employment opportunities, environmental effects, and community engagement initiatives.
APPEARS IN
RELATED QUESTIONS
Internal stakeholders do NOT consist of ______.
The primary motive of any business is to earn profit with ______ welfare.
As an external stakeholder, what interest would a company's supplier have in a company?
Stakeholders who are involved in business firms from within the organisation are known as ______ stakeholders. They consist of owners' shareholders and employees of the organisation.
Which of the following is the best example of a primary stakeholder?
Stakeholders who contribute to the business enterprise from outside the organisation are known as ______.
Which of the following are the external stakeholders in a company?
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | External stakeholder | i | Shareholders, employees |
| (b) | Government | ii | Creditors, suppliers |
| (c) | Internal stakeholders | iii | Pay taxes on time |
| (d) | Not the stakeholders | iv | Customers |
What do you understand by internal stakeholders?
Classify the six stakeholders of a firm into internal and external stakeholders.
