Who mentioned below are NOT called Stakeholders of a company? CollaboratorsShareholdersEmployees Competitors
Question
Who mentioned below are NOT called Stakeholders of a company?
- Collaborators
- Shareholders
- Employees
- Competitors
Solution
Analyzing Stakeholders
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Understanding Stakeholders: Stakeholders are individuals or groups that have an interest in the success and direction of a company. They can influence or be influenced by the company's objectives and activities.
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Identifying the Options:
- Collaborators: Entities that work with the company towards common goals (e.g., suppliers, partners).
- Shareholders: Individuals or institutions that own shares of the company and are invested in its performance.
- Employees: Individuals working for the company who rely on it for their livelihood.
- Competitors: Other businesses competing in the same market or industry.
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Determining Non-Stakeholders:
- Competitors are not stakeholders because they do not have a financial interest in the company's success; rather, they compete against it.
Final Conclusion
The entity that is NOT called a stakeholder of a company is Competitors.
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