5.1 Main Stakeholders

Question 1

What is a stakeholder ?

Answer 1

People or organisation interested in or affected by a business

Question 2

What are some external stakeholders ?

Answer 2

People who are not part of the business.

Customers
Suppliers
Local community
Government
Pressure groups
Trade unions

Question 3

What are some internal stakeholders ?

Answer 3

Who are part of the business

Owners
Employees
Shareholders (can be both)

Question 4

Are all shareholders stakeholders ? External or internal ?

Answer 4

All shareholders in a business are stakeholders. They may be internal or external stakeholders, depending on whether or not they also work in the business