STAKEHOLDERS Flashcards

1
Q

STAKEHOLDER DEFINITION

A

a person with an interest or concern within a business

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

DIFFERENT TYPES OF STAKEHOLDERS

A

~Customers
~Employees
~Investors
~Suppliers
~Communities
~Governments
~Owners

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

CONFLICT BETWEEN STAKEHOLDERS?

A

This may happen when different stakeholders have different objectives. For example the owners will want to maximise profits but the employees would want the workers to have higher wages

How well did you know this?
1
Not at all
2
3
4
5
Perfectly