ICSE BoardEnglish MediumSTD 10Commercial StudiesSTAKEHOLDERS IN COMMERCIAL ORGANISATIONS2 Marks
Question
Distinguish between Primary stakeholders and Secondary stakeholders.
✓
Answer
(i) Primary stakeholders have closer and more frequent interaction with the commercial organisation than secondary stakeholders. (ii) Owners, employees, creditors, dealers and supplies are primary stakeholders whereas government, media, local community and general public are secondary stakeholders.
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