Understanding Stakeholders in Business

Who can be considered a stakeholder in a business?

• Only customers of the business

• Only employees of the company

• Anyone with an interest in the business

• Only individuals with shares in the company

What is the primary difference between a stakeholder and a shareholder?

• Shareholders own shares in the business, making them stakeholders as well

• Stakeholders own part of the business, while shareholders do not

• Stakeholders are only external to the business

• Shareholders have a direct relationship with the business, while stakeholders do not

Which of the following is NOT an internal stakeholder?

• Employees

• Managers

• Customers

• Shareholders

Which group is considered an external stakeholder?

• Managers

• Employees

• Suppliers

• Shareholders

Why might the local community be interested in a business's operations?

• They are responsible for providing raw materials

• They manage the day-to-day activities of the business

• They want to buy shares in the business

• They are affected by the business's impact on their environment