Question

A _________ is a person associated with the business by monetary or non monetary terms.

• A. Stakeholder
• B. Shareholder
• C. Creditor
• D. Debtor

Answer 1

The correct option is A Stakeholder

A person, group or organization that has interest or concern in an organization are known as stakeholders. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources.
Not all stakeholders are equal. A company's customers are entitled to fair trading practices but they are not entitled to the same consideration as the company's employees.

Stakeholder may be associated with the business by monetary and non monetary terms.

The owner and persons advancing loans are monetary stakeholders of business while, government , consumer or a researcher are the non monetary stakeholders of a business.