135k views
1 vote
In a general sense, anyone who affects or is affected by decisions made within a firm can be called a business ________.

a. nomineeb. stakeholderc. stockholderd. watchdog

1 Answer

5 votes

Answer: Option B

Step-by-step explanation: A stakeholder in a company is a participant of "units that the company will cease to exist without their participation". Primary stakeholders are typically inner stakeholders, those involved in the business transactions (e.g., shareholders, consumers, vendors, lenders, and workers)

External stakeholders are typically secondary participants, anyone who is influenced by or may influence their behavior (e.g., the public at large, governments, advocacy groups, professional services groups, and the press), even if they do not participate in direct economic interaction with the business.

Excluded stakeholders are those who have a little financial impact on the company, such as minors or the uninterested community. Now that the idea has a reductionist viewpoint, while some individuals such as the general public can be identified as stakeholders, others stay excluded.

User Asli
by
6.1k points