EXPERT COACHING. PRACTICAL RESOURCES.

CHECK YOUR UNDERSTANDING OF OWNERS - ANSWER

Sorry, your answer is not correct.

The Board may have specific responsibilities to stakeholders, for example, that they be treated ethically, but the Board is not accountable to all stakeholders regarding the benefits that the organization produces, the beneficiaries, or what the benefits are worth. All owners are stakeholders, but not all stakeholders are owners. 

The correct answer is:

“Those on whose behalf the board determines the benefits the organization is to produce, who the beneficiaries are and what the benefits are worth.”