Stakeholders

Question 1

What is a Stakeholder?

Answer 1

A person or group of people who have an interest in the success of an organisation.

Question 2

What is an Internal Stakeholder?

Answer 2

Those who work inside the business or have financed a business (e.g. employees, mangers, shareholders).

Question 3

What is an External Stakeholder?

Answer 3

Those who work inside the business or have financed a business (e.g. government, suppliers, banks).

Question 4

What is a Stakeholder Interest?

Answer 4

This is what the stakeholder wants from the business-it’s the reason they are a stakeholder (e.g. an employee wants to receive a fair wage for their work).

Question 5

What is a Stakeholder Influence?

Answer 5

These are the actions that a stakeholder can take which will affect a business (e.g. an employee could offer good/bad customer service).