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Which of the following represent Stakeholders with an interest in the well-being of an operation?

a)Government
b)Employees
c)Local Community
d)Social Groups

1 Answer

4 votes

Final answer:

Stakeholders interested in the well-being of an operation comprise the government, employees, local community, and social groups, all of whom have a stake in the entity's activities. Hence, all the options are correct.

Step-by-step explanation:

Stakeholders with an interest in the well-being of an operation can include various groups and individuals, such as the government, which consists of local, state, and foreign governments seeking to influence policies and expenditures; employees who have a direct stake in the company's success; the local community, which may be impacted by the operation's practices and outcomes; and various social groups that may represent public interests, such as human rights, consumers, and more.

Economic interest groups, including business groups, labor unions, agricultural groups, professional associations, and intergovernmental lobbies, aim to influence economic and business decisions made by lawmakers for the benefit of their specific domains. The concept of stakeholders is broader than shareholders, encompassing not only those who have invested capital but also anyone who is impacted by the business's operations.

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