6 Questions
What does the term 'stakeholders' refer to in the context of a commercial organisation?
Individuals, groups, and institutions with an interest in the organisation
Why is a person considered a stakeholder in an organisation?
They have an interest in the organisation's performance.
What is the shared community of interest that arises between a commercial organisation and stakeholders?
A mutual benefit from the functioning of the organisation
What distinguishes internal stakeholders from other stakeholders in an organisation?
They are directly involved in the day-to-day operations of the business.
How do stakeholders impact a commercial organisation?
By influencing decisions and actions of the organisation
How do external stakeholders contribute to a business enterprise?
By providing financial support during distress times
Learn about stakeholders and their importance in the business environment. Understand the shared community of interest between organizations and social groups. Test your knowledge with a quiz on stakeholders analysis and meaning.
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