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Questions and Answers
What does the term 'stakeholders' refer to in the context of a commercial organisation?
What does the term 'stakeholders' refer to in the context of a commercial organisation?
- Individuals, groups, and institutions with an interest in the organisation (correct)
- Employees of the organisation
- Government regulatory bodies
- Suppliers of the organisation
Why is a person considered a stakeholder in an organisation?
Why is a person considered a stakeholder in an organisation?
- They are closely related to the owners of the business.
- Their actions directly influence the government.
- Their decisions impact the functioning of the organisation.
- They have an interest in the organisation's performance. (correct)
What is the shared community of interest that arises between a commercial organisation and stakeholders?
What is the shared community of interest that arises between a commercial organisation and stakeholders?
- Legal ownership of the organisation
- Control over the day-to-day operations of the organisation
- Financial investments in the organisation
- A mutual benefit from the functioning of the organisation (correct)
What distinguishes internal stakeholders from other stakeholders in an organisation?
What distinguishes internal stakeholders from other stakeholders in an organisation?
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How do stakeholders impact a commercial organisation?
How do stakeholders impact a commercial organisation?
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How do external stakeholders contribute to a business enterprise?
How do external stakeholders contribute to a business enterprise?
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