Who is called a stakeholder in an enterprise?
Answer and explanation
Correct answer: Anyone affected by or able to affect enterprise decisions
A stakeholder is a person or group with an interest in an enterprise because its activities affect them or they can influence its decisions. Customers, employees, owners, investors, suppliers, government, and the community may all be stakeholders. A name, leaflet, or machine is an object, not a stakeholder, so A is correct.
Frequently asked questions
What is the correct answer to this question?
Anyone affected by or able to affect enterprise decisions
Why is this the correct answer?
A stakeholder is a person or group with an interest in an enterprise because its activities affect them or they can influence its decisions. Customers, employees, owners, investors, suppliers, government, and the community may all be stakeholders. A name, leaflet, or machine is an object, not a stakeholder, so A is correct.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Social Responsibilities of Business and Business Ethics. Topic: Responsibility towards different interest groups.
