A business organization is supposed to work in favor of all its stakeholders, such as customers, investors, creditors, directors, government, and others. When a business organization fulfills the interest of its stakeholders, it gains trust in the market and earns a good brand image in the eyes of stakeholders. This gives the company a competitive advantage over other competitors who fail to fulfill the interest of their stakeholders. Addressing the interest of stakeholders is the primary duty of the business organization, and through this, it can survive in the market in the long run.