Which are stakeholders of a business?Multiple select question.employeessuppliersmanagementcompetitors
Question
Which are stakeholders of a business?Multiple select question.employeessuppliersmanagementcompetitors
Solution
The stakeholders of a business typically include:
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Employees: They are integral to the operations of the business. Their performance directly impacts the success of the business.
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Suppliers: They provide the necessary materials or services for the business to operate. Their reliability can affect the efficiency and quality of the business's products or services.
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Management: They make strategic decisions for the business and oversee its operations. Their leadership and decision-making skills can greatly influence the business's success.
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Competitors: While they are not part of the business, they affect its market position. The business needs to keep up with or outperform its competitors to succeed.
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