GRCP Exam Dumps | Who are key external stakeholders that may significantly influence an organization?

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Question 15/117

Who are key external stakeholders that may significantly influence an organization?

A. Distributors, resellers, and franchisees.

B. Competitors, employees, and board members.

C. Marketing agencies, legal advisors, and auditors.

D. Customers, shareholders, creditors and lenders, government, and non-governmental organizations.

Correct Answer: D

Key external stakeholders include those who have significant influence over the organization's operations, strategy, and outcomes, such ascustomers, shareholders, creditors and lenders, government, and NGOs.
* External Stakeholder Roles:
* Customers: Drive revenue and product/service demand.
* Shareholders: Provide capital and influence strategic decisions.
* Creditors and Lenders: Affect financing and liquidity.
* Government and NGOs: Set regulatory frameworks and advocate for societal priorities.
* Why Other Options Are Incorrect:
* A: Distributors and resellers are part of supply chain stakeholders, not key external influencers.
* B: Employees and board members are internal stakeholders.
* C: Marketing agencies and auditors are third-party service providers, not primary external stakeholders.
References:
* Stakeholder Management Standards (ISO 26000): Discusses key stakeholder identification.
* COSO Framework: Emphasizes the importance of external stakeholder engagement in risk management and governance.

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