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Why is it important to consider the impact on stakeholders when evaluating a business idea?
  • a)
    Stakeholders are the sole source of funding.
  • b)
    Stakeholders play a minor role in business success.
  • c)
    Stakeholders' profitability is not relevant to the business idea.
  • d)
    The ultimate aim of everyone associated with a business is to become profitable.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Why is it important to consider the impact on stakeholders when evalua...
Stakeholders, including shareholders, employees, creditors, government, suppliers, and the community, are all integral to a business's success. If a business idea negatively affects any of these stakeholders, it can lead to complications and challenges. The ultimate goal is for everyone associated with the business to benefit and become profitable.
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Why is it important to consider the impact on stakeholders when evaluating a business idea?a)Stakeholders are the sole source of funding.b)Stakeholders play a minor role in business success.c)Stakeholders' profitability is not relevant to the business idea.d)The ultimate aim of everyone associated with a business is to become profitable.Correct answer is option 'D'. Can you explain this answer?
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Why is it important to consider the impact on stakeholders when evaluating a business idea?a)Stakeholders are the sole source of funding.b)Stakeholders play a minor role in business success.c)Stakeholders' profitability is not relevant to the business idea.d)The ultimate aim of everyone associated with a business is to become profitable.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Why is it important to consider the impact on stakeholders when evaluating a business idea?a)Stakeholders are the sole source of funding.b)Stakeholders play a minor role in business success.c)Stakeholders' profitability is not relevant to the business idea.d)The ultimate aim of everyone associated with a business is to become profitable.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why is it important to consider the impact on stakeholders when evaluating a business idea?a)Stakeholders are the sole source of funding.b)Stakeholders play a minor role in business success.c)Stakeholders' profitability is not relevant to the business idea.d)The ultimate aim of everyone associated with a business is to become profitable.Correct answer is option 'D'. Can you explain this answer?.
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