1.4 stakeholders

Question 1

what are stakeholders

Answer 1

individuals, businesses, groups with an interest in the activities and outcomes of a specific org. all stakeholder groups are directly affected by the performance of a business.
-different stakeholder groups have different degrees of influence on the org

Question 2

what are the 2 categories of stakeholders

Answer 2

internal and external

Question 3

internal stakeholders

Answer 3

individuals or groups who are part of the organization

Question 4

external stakeholders

Answer 4

people or orgs not part of the business but have direct of the business but have a direct interest in its decisions, actions and performance

Question 5

what is the difference between stakeholders and shareholders

Answer 5

• shareholders (owners of limited liability companise) are a type of stakeholder group, but business hae other stakeholders too that are not necessarily shareholders such as employees or suppliers

Question 6

interest of stakeholder owners / shareholders in company

Answer 6

profits, share of profits (dividends), voting rights, return on investment

Question 7

interest of employees