Stakeholders of an Organization Include Stockholders, Customers and Creditors, but Not

question 6

True/False

Stakeholders of an organization include stockholders, customers and creditors, but not competitors.

---

Definitions:

Traveling Trophy

An award or trophy passed from one individual, team, or unit to another in recognition of achieving a particular standard or victory, often within a competitive context.

Recognition Techniques

Methods used to acknowledge and reward employees' contributions and achievements, enhancing motivation and performance.

Avoidable Turnover

Employee departures that could have been prevented by addressing underlying issues, such as job dissatisfaction or workplace conflicts.

Employee Training

The process of providing workers with the knowledge, skills, and abilities required to perform their job effectively.