Which of the following is not considered a stakeholder of an organization? A. creditors B. lende

step 1 Okay, so let's understand our current solution. So we will first understand the meaning of stake

Which of the following is not considered a stakeholder of an...

Key Concepts

Internal vs. External Stakeholders

Internal stakeholders are those directly involved in and within the organization, such as employees and sometimes management, whereas external stakeholders are those outside the organization who may be affected by its activities, including creditors, lenders, and community members. Understanding this distinction is crucial for assessing the influence and interests related to organizational decisions.

Stakeholder Theory

This concept refers to the idea that a business's success is not solely determined by its shareholders, but also by a variety of groups who are affected by or can affect the organization. Stakeholders can include employees, creditors, customers, and community residents, among others, who have a vested interest in its operations and outcomes.

Transcript

00:01 Okay, so let's understand our current solution.

00:05 So we will first understand the meaning of stakeholder.

00:20 It is a person or any legal entity holding financial interest in a particular entity.

01:01 So we can understand our solution through this definition.

01:09 Like stakeholder may be a person or any type of person.

01:13 Of legal entity so we can understand the meaning of persons okay as just an individual like you and me like everyone else okay but where the term means legal entity connotes to you know a particular partnership firm or we can say a company established under the local regulations of a country okay like there are very very big corporations like we can say many big corporations which make cell phones or search engines nowadays you use very very well that those companies or partnership firms or legal entity specifically holding financial interest in a particular entity now what is a financial interest it is just the the amount basically like let's suppose we will frame example so that you can understand better better like let's suppose there is a exxen company and there is a lender.

02:29 A lender is a person who lends the money like the x and company will borrow money from lender.

02:50 Okay.

02:53 Let's say mr.

02:53 A.

02:57 So lender has, so lender is having a financial interest in x and company because he has to take his money back.

03:05 Okay.

03:07 Employees also let's say certain person's certain amount of number.

03:14 Of persons are employed in exxon company, they are likely to receive their salary against the work that has been done in the exxon company...