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Question
What do you mean by external stakeholders?
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Solution
External shareholders are stakeholders who contribute to a firm from outside the corporation. The stakeholders include creditors, suppliers, dealers, competitors, the government, the local community, the media, and society.
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RELATED QUESTIONS
Internal stakeholders do NOT consist of ______.
Write any two differences between Internal stakeholders and External stakeholders.
The primary motive of any business is to earn profit with ______ welfare.
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Radhika decide to build a new factory in the local area, what stakeholders would have an influence on this?
Who among the following is not an internal stakeholder?
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?
Distinguish between Primary stakeholders and Secondary stakeholders.
