A stakeholder is: Select one: 1. any person or entity that owns shares of stock

Question

A stakeholder is: Select one: 1. any person or entity that owns shares of stock of a corporation. 2. any person or entity that has voting rights based on stock ownership of a corporation. 3. a person who initially started a firm and currently has management control over the cash flows of the firm due to his/her current ownership of company stock. 4. a creditor to whom the firm currently owes money and who consequently has a claim on the cash flows of the firm. 5. any person or entity other than a stockholder or creditor who potentially has a claim on the cash flows of the firm.

Explanation / Answer

5. any person or entity other than a stockholder or creditor who potentially has a claim on the cash flows of the firm. Correct

Your suppliers, customers and employees are the stakeholders in the company.

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