Final answer:
External stakeholders do not include labor unions.
Step-by-step explanation:
False. External stakeholders refer to individuals or groups outside of a company who have an interest in its operations and are affected by its decisions. Labor unions, on the other hand, are internal stakeholders because they are typically composed of workers within the company who are advocating for their rights and interests. External stakeholders may include customers, suppliers, shareholders, and the community. These stakeholders can influence the company's actions and are affected by its success or failure.