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Question
Individuals who provide physical and mental efforts for an organisation are known as ______.
Options
Employers
Employees
Suppliers
Creditors
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Solution
Individuals who provide physical and mental efforts for an organisation are known as Employees.
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RELATED QUESTIONS
Write any two differences between Internal stakeholders and External stakeholders.
Stakeholders who are involved in business firms from within the organisation are known as ______ stakeholders. They consist of owners' shareholders and employees of the organisation.
Which of the following is the best example of a primary stakeholder?
Which of the following are the external stakeholders in a company?
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | External stakeholder | i | Shareholders, employees |
| (b) | Government | ii | Creditors, suppliers |
| (c) | Internal stakeholders | iii | Pay taxes on time |
| (d) | Not the stakeholders | iv | Customers |
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Board of Directors | i | Reasonable return |
| (b) | Society | ii | Freedom to manage |
| (c) | Employees | iii | Help weaker section |
| (d) | Employers | iv | Fair remuneration |
What do you understand by internal stakeholders?
What do you mean by external stakeholders?
Classify the six stakeholders of a firm into internal and external stakeholders.
Distinguish between Primary stakeholders and Secondary stakeholders.
