Amongst all the stakeholders primary stakeholders are Bankers Customers Shareholders Supplier
Question
Amongst all the stakeholders, primary stakeholders are:
- Bankers
- Customers
- Shareholders
- Supplier
Solution
Among all stakeholders, primary stakeholders are Customers and Shareholders.
Here's why:
-
Customers: They are considered primary stakeholders because they directly engage in economic transactions with the business. Without customers, a company cannot survive.
-
Shareholders: They are also primary stakeholders as they have invested capital into the company and have a direct interest in its financial performance. They are often the ones who bear the risk and rewards associated with the success or failure of the business.
Bankers and Suppliers, while important, are generally considered secondary stakeholders. They do not engage in direct economic exchanges with the business, but they supply the business with necessary resources (financial and material). Their stake is more indirect compared to customers and shareholders.
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