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Question
Internal stakeholders do NOT consist of ______.
Options
Suppliers
Employers
Employees
Shareholders
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Solution
Internal stakeholders do NOT consist of Suppliers.
Explanation:
Suppliers are external stakeholders as they do not have a direct interest in the functioning of the company, and they contribute to the business enterprise from outside the organisation.
RELATED QUESTIONS
Write any two differences between Internal stakeholders and External stakeholders.
Local community is an example of ______.
The primary motive of any business is to earn profit with ______ welfare.
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.
Stakeholders who contribute to the business enterprise from outside the organisation are known as ______.
Individuals who provide physical and mental efforts for an organisation are known as ______.
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 mean by external stakeholders?
Classify the six stakeholders of a firm into internal and external stakeholders.
