Final answer:
Nongovernmental organizations (NGOs) are considered nonmarket stakeholders of a business because they do not engage in direct economic transactions with the company but might influence or be affected by its operations.
Step-by-step explanation:
The question asks which of the following is considered to be a nonmarket stakeholder of a business. A nonmarket stakeholder refers to groups or individuals who do not engage in direct economic exchange with a company but are nonetheless impacted by or have an interest in its operations. Among the options provided, nongovernmental organizations (NGOs) are the correct answer because they typically operate based on societal concerns and advocacy, rather than engaging directly in market transactions with the business.
It's important to note that other options such as customers, creditors, and shareholders are considered market stakeholders because they interact directly with the company through financial transactions and investments. Therefore, they have a financial stake in the company's performance. NGOs, on the other hand, might influence or are affected by the company's actions without direct financial interactions.