John is a bit confused about the difference between stakeholders and stockholders. You meet with John and inform him that the main difference is that:

stakeholders can be both internal and external while stockholders own shares of a firm and are classified as internal to the firm.

stakeholders are external to the firm while stockholders are considered internal to the firm.

stakeholders are considered internal to the firm while stockholders are external to the firm.

stakeholders are both internal and external to the firm while stockholders are considered external to the firm.