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Question
Who are called Stakeholders?
Solution
A business organization is a coalition of several interest groups are called stakeholders. Example – shareholders, customers, employees, suppliers, etc. Businesses should, therefore, work for the interest of all of them rather than for the benefit of shareholders/owners alone.
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RELATED QUESTIONS
State with reasons, whether the following statement is True or False:
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For economic growth and national security ______ stability is required.
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| Group ‘A’ | Group ‘B’ | ||
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| D) | Economic Objective | 4) | Voluntary |
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| 6) | Compulsory | ||
| 7) | Respecting rules and regulations | ||
| 8) | To earn profit | ||
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9) |
Branch of Social Science |
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| 10) | Protection and environment | ||
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Explain the following term/concept.
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Choose the Correct Answer.
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