Question

Which of the following are external stakeholders of a firm?

• A. Government.
• B. Bank.
• C. Investor.
• D. All of above.

Answer 1

Answer: (D)

All of above.

A stakeholder is either an individual, group or organization who is impacted by the outcome of a project. They have an interest in the success of the project, and can be within or outside the organization that is sponsoring the project.

Stakeholder of a business may be internal stakeholders i.e., within the business organisation or external stakeholders i.e., outside the organization.

Examples of internal stakeholders are management, employees etc and examples of external stakeholders are bankers, government, investor, supplier etc.