STAKEHOLDERS Flashcards
1
Q
STAKEHOLDER DEFINITION
A
a person with an interest or concern within a business
2
Q
DIFFERENT TYPES OF STAKEHOLDERS
A
~Customers
~Employees
~Investors
~Suppliers
~Communities
~Governments
~Owners
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