An employee’s family is best described as which type of stakeholder:Group of answer choicesInternal stakeholderPrimary stakeholderSecondary stakeholderExternal stakeholderIt is not a stakeholder
Question
An employee’s family is best described as which type of stakeholder:Group of answer choicesInternal stakeholderPrimary stakeholderSecondary stakeholderExternal stakeholderIt is not a stakeholder
Solution
An employee's family can be best described as a Secondary stakeholder. Here's why:
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Internal stakeholders: These are individuals or groups who are directly involved in the operations of the organization, such as employees, managers, and owners. An employee's family does not fit into this category as they are not directly involved in the operations of the organization.
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Primary stakeholders: These are individuals or groups that the organization depends on for its survival, such as customers, suppliers, employees, and shareholders. An employee's family does not fit into this category as the organization does not depend on them for its survival.
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Secondary stakeholders: These are individuals or groups who are indirectly affected by the operations of the organization. An employee's family fits into this category as they can be indirectly affected by the organization's operations, for example, through the employee's job security, income, working hours, etc.
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External stakeholders: These are individuals or groups outside of the organization that are affected by its decisions, such as the local community, society, government, and competitors. An employee's family does not fit into this category as they are not outside of the organization.
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It is not a stakeholder: This would imply that the employee's family has no interest or stake in the organization, which is not accurate as they can be indirectly affected by the organization's operations.
Therefore, an employee's family is best described as a secondary stakeholder.
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