Advertisements
Advertisements
Question
Why customer is not a stakeholder in a firm?
One Line Answer
Solution
A customer is not a stakeholder in a firm because he/she does not have a stake or financial interest in the firm.
shaalaa.com
Distinction Between Stakeholders and Customers
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
Which of the following statement is true in the context of customer?
"They assume greater risk of loss of capital," this is degree of risk estimated by ______.
"They are the members of the company, having voting rights also", who are they?
Which is least likely to be a stakeholder in an organisation?
Which of the following statement is true?
Distinguish between a shareholder and a creditor.
Distinguish between shareholders and customers.
Give any five points of difference between stakeholders and customers of a company.
Who are customers?
Explain the expectations of customers from a firm.