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Question
The term 'Stakeholders' is developed from the word 'stake' which means ______.
Options
An interest or expected profit
Expectations
Willingness to accept
Person
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Solution
The term 'Stakeholders' is developed from the word 'stake' which means an interest or expected profit.
Explanation:
'Stake' refers to having an interest or involvement in something, typically implying a potential benefit or profit. In the context of stakeholders, it signifies their vested interest in an organization's success or outcomes.
RELATED QUESTIONS
Which of the following best defines the term ‘stakeholder’?
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“Stakeholders can have both positive and negative impact on a commercial organisation.” Comment.
