Which term best fits the definition: An individual or group who has an interest in the success of an organisation?

Which term best fits the definition: An individual or group who has an interest in the success of an organisation?

• A. External stakeholder
• B. Stakeholder
• C. Internal stakeholder
• D. Market stakeholder

Answer: (B)

Stakeholders are individuals or groups who have an interest in the organization's success. This includes both inside the organization (like employees and owners) and outside it (such as customers, suppliers, and the community). The question describes that broad idea, so the correct term is simply stakeholder. The other terms narrow the focus—external is only outside groups, internal is only inside groups, and market stakeholder isn’t a standard term for this concept.

Stakeholders are individuals or groups who have an interest in the organization's success. This includes both inside the organization (like employees and owners) and outside it (such as customers, suppliers, and the community). The question describes that broad idea, so the correct term is simply stakeholder. The other terms narrow the focus—external is only outside groups, internal is only inside groups, and market stakeholder isn’t a standard term for this concept.