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Which of the following parties are not considered stakeholders of a firm? Multiple Choice a.Employees b.Government c.Competitors d.Customers e.Suppliers

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Final answer:

Competitors, Suppliers, and Government are not considered stakeholders of a firm.

Step-by-step explanation:

The following parties are not considered stakeholders of a firm:

  1. Competitors: Competitors are external entities that are not directly involved with the operations or decision-making of a firm. They are not considered stakeholders as they have competing interests and goals.
  2. Suppliers: Suppliers provide goods or services to a firm, but they are considered external entities and not stakeholders as they do not have a direct stake in the firm's operations or decision-making.
  3. Government: Although government has a regulatory role and can impact a firm's operations, it is not considered a stakeholder as it does not have a direct stake in the firm.

The following parties are considered stakeholders of a firm:

  1. Employees: Employees are internal stakeholders who work for the firm and have a direct stake in its success.
  2. Customers: Customers are external stakeholders who purchase goods or services from the firm and have a direct stake in receiving quality products or services.
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