Who are considered stakeholders in an organization?

Stakeholders in an organization encompass all parties who have an interest in its performance and outcomes. This includes a diverse range of individuals and groups, such as employees, investors, suppliers, customers, local communities, and even competitors. Each of these stakeholders has a unique perspective and interest in how the organization operates and succeeds.

For instance, employees are concerned about job security and working conditions, while investors focus on financial returns. Customers seek quality products and services, and local communities may be interested in how the organization impacts the local economy and environment. This broad definition highlights the interconnected nature of an organization's operations and the importance of considering multiple viewpoints in decision-making processes.

Other options are too restrictive. They focus on specific groups that, while they are indeed stakeholders, do not capture the full spectrum of individuals and entities that can influence or be influenced by an organization’s actions. Recognizing all stakeholders is essential in business as it fosters better communication, enhances reputation, and can lead to sustainable practices that benefit the whole ecosystem surrounding the organization.