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Why customer is not a stakeholder in a firm? - Commercial Studies

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Question

Why customer is not a stakeholder in a firm?

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Solution

A customer is not a stakeholder in a firm because he/she does not have a stake or financial interest in the firm.

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Distinction Between Stakeholders and Customers
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Chapter 1: Stakeholders in Commercial Organisations - QUESTION BANK [Page 11]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 1 Stakeholders in Commercial Organisations
QUESTION BANK | Q 3. | Page 11
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