Which of the following is NOT a stakeholder?

Competitors are not considered stakeholders in the context of a business's operations. Stakeholders are typically defined as individuals or groups that have a direct interest in the company and are affected by its decisions, performance, and policies. This includes shareholders, who invest in the company; employees, who work for the organization and rely on it for their livelihood; and customers, who purchase the products or services offered.

On the other hand, competitors operate in the same market but do not have a vested interest in the company’s operations. Instead, they are often seen as external entities that may influence the market dynamics, but they do not share a stake in the company's success or failure. Their interests may sometimes conflict with those of the business, which further highlights why they do not fall under the category of stakeholders.