Which of the following term best represents the individuals who have interests in an Organisation and are influenced by it?
Correct answer: B. Stakeholders
- A. Workforce
- B. Stakeholders
- C. Customers
- D. Stockholders
Explanation
Stakeholders are all individuals or groups affected by an organisation or able to influence it, including employees, customers, suppliers and owners. Customers and stockholders are stakeholders, but each represents only one stakeholder group.
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About Human Resource Management
Human resource management deals with acquiring, developing, rewarding and retaining employees within an organisation. It includes job analysis, recruitment, selection, training, performance appraisal, compensation, career planning, labour relations and workplace discipline. Recruitment attracts applicants, while selection evaluates them and chooses the most suitable candidate.
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