Shareholders customers suppliers and employee groups are considered

Question

direct stakeholders
formal stakeholders
indirect stakeholders
convertible stakeholders

Answer 1

Direct stakeholders are individuals or groups who have a direct and immediate interest in an organization, such as shareholders, customers, suppliers, and employees. They have a direct relationship with the organization and are directly affected by its actions and decisions.

Formal stakeholders are individuals or groups who have a formally recognized stake in an organization. They may have legal rights, contracts, or formal agreements with the organization that establish their stakeholder status.

Indirect stakeholders are individuals or groups who are not directly affected by the organization's actions and decisions, but may be indirectly influenced or impacted by them. This can include local communities, government agencies, or the general public.

Convertible stakeholders are individuals or groups who may not initially be considered stakeholders, but can become stakeholders depending on certain circumstances. For example, a competitor may become a stakeholder if they acquire a significant stake in the organization or if they collaborate on a specific project.