What types of organizations are considered stakeholders?

Stakeholders are broadly defined as individuals or groups that have an interest in the outcomes of a project, decision, or organization. The correct choice includes government entities, businesses, and public sector organizations because they can all influence or be affected by various activities and decisions.

Government agencies often have regulations and policies that impact how businesses operate, while businesses themselves have a direct interest in community welfare, environmental impacts, legal compliance, and economic conditions. Public sector entities may include non-profit organizations that also play a significant role in advocating for community needs, which influences and interacts with both government policies and business practices.

In contrast, the incorrect options limit the definition of stakeholders too narrowly. For instance, focusing solely on educational institutions or large multinational corporations excludes many important players in the ecosystem that affect and are affected by various sustainability practices. Additionally, excluding individual stakeholders disregards the impact that everyday people have on decision-making processes and outcomes, as they can be consumers, voters, and community members with valid concerns.