Stakeholders Include Only Those Groups And/or Individuals Within an Organization

question 10

True/False

Stakeholders include only those groups and/or individuals within an organization affected by an internal decision, policy or operation of a firm or individual.

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Definitions:

Line Managers

These are managers who have direct responsibility over a specific area or department within an organization and oversee operational employees.

Primary Stakeholder

Individuals or entities directly affected by a project or business's outcomes, often including employees, customers, suppliers, and investors.

Granite Producers

Companies or entities that are involved in the extraction and processing of granite for use in construction, decoration, and other applications.

Social Responsibility

The ethic that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large.