Why should a business be concerned with stakeholders?

Multiple Choice

Businesses should not have to worry about stakeholders very much, because they do not own the business.

A business should be concerned with stakeholders because stakeholders control the board of directors of the business.

A business should be concerned with stakeholders because stakeholders represent the competition of the business.

A business should be concerned with stakeholders because stakeholders represent a broad group of people who stand to gain or lose by the actions of the business.

None of these choices are correct.