Who are identified as individuals or groups that have an interest in what the organization does?

Stakeholders are defined as individuals or groups that have an interest in the operations and outcomes of an organization. This broad category encompasses a wide range of entities, including employees, customers, suppliers, investors, community members, and regulatory bodies. Each of these groups can influence or be affected by the organization's decisions and performance, making their interests significant in the context of business strategies and operations.

Understanding stakeholders is critical for businesses because it allows for effective management and communication, ensuring that the needs and expectations of various parties are considered. This can foster good relationships, promote corporate social responsibility, and ultimately enhance the organization's reputation and success in the market. Recognizing stakeholders' roles helps firms to align their goals with societal and communal expectations, which is essential for long-term sustainability.

In contrast, the other options like general people, investors, and auditors are more specific and do not encompass the broader definition of stakeholders. General people do not necessarily have a vested interest in the organization’s activities. Investors are a subset of stakeholders who specifically have a financial interest. Auditors, while important in ensuring transparency and accountability, primarily focus on compliance and accuracy in financial reporting rather than being direct stakeholders in the organization's broader strategic considerations.