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Which of the following best defines the term 'stakeholder'? - Commercial Studies

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Question

Which of the following best defines the term 'stakeholder'?

Options

  • Anyone with shares in a company

  • Anyone with an interest in an organisation

  • Anyone who owns a business

  • Anyone who does not have interest in an organisation

MCQ

Solution

Anyone with an interest in an organisation

Explanation:

Stakeholders are individuals or groups that have an interest in or are affected by an organization's activities and decisions. These include employees, customers, suppliers, investors, and the community, among others. They can influence or be influenced by the organization’s objectives and policies.

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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 1. | Page 7
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