English

The term 'stakeholders' is developed from the word 'stake' which means ______. - Commercial Studies

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Question

The term 'Stakeholders' is developed from the word 'stake' which means ______.

Options

  • An interest or expected profit

  • Expectations

  • Willingness to accept

  • Person

MCQ
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Solution

The term 'Stakeholders' is developed from the word 'stake' which means an interest or expected profit.

Explanation:

'Stake' refers to having an interest or involvement in something, typically implying a potential benefit or profit. In the context of stakeholders, it signifies their vested interest in an organization's success or outcomes.

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Meaning of Stakeholders
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Chapter 1: Stakeholders in Commercial Organisations - EXERCISES [Page 7]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 1 Stakeholders in Commercial Organisations
EXERCISES | Q 11. | Page 7
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