Asked by Isaiah Perez on Aug 01, 2024
Verified
The term ________ refers to groups that are affected by or have an interest in a company's actions.
A) coalitions
B) stakeholders
C) confederacies
D) partnerships
Stakeholders
Individuals or groups that have an interest or concern in an organization, project, or decision, and can be affected by its outcomes.
- Recognize the roles and needs of stakeholders in business communication.
Verified Answer
ZK
Zybrea KnightAug 06, 2024
Final Answer :
B
Explanation :
The term "stakeholders" is commonly used to refer to groups of individuals or organizations that have an interest in or are affected by a company's actions or performance. This can include shareholders, employees, customers, suppliers, and communities, among others. Coalitions, confederacies, and partnerships may also involve groups with shared interests, but these terms are not as commonly used to describe the relationship between companies and their stakeholders.
Learning Objectives
- Recognize the roles and needs of stakeholders in business communication.