alleryStart learning →Stakeholders of a business are which groups?
AEmployees, customers, the general public, and investors
BOnly the shareholders who have bought its shares
COnly the directors and the senior managers
DOnly the suppliers who extend it trade credit
Answer & Solution
Correct answer: A. Employees, customers, the general public, and investors
1. Stakeholders are the individuals or groups to whom a business has a responsibility.
2. The stakeholders of a business are its employees, its customers, the general public, and its investors.
3. A company seen as socially responsible is one that meets its obligations to all of those groups.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 2 "Making Ethical Decisions and Managing a Socially Responsible Business", section 2.4 Responsibilities to Stakeholders_
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