stakeholders Flashcards

1
Q

what is a stakeholder?

A

a stakeholder is any person or group of people that has an interest in the business.

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2
Q

types of stakeholders

A

1.government
2.suppliers
3.community
4.consumers
5.investors
6.employees

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3
Q

customers

A

they depend on the business for their supplies, raw materials or services

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4
Q

suppliers

A

They buy from the businesses as it increase their own potential to service and make a profit

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5
Q

employee

A

they depend on the businesses for jobs and incomes

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6
Q

government

A

the government makes law and rules that the businesses have to follow

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7
Q

internal stakeholders

A

these individuals or groups within the organization who have a direct interest on involvement in its operation and success
for example: employees,managers and shareholders

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8
Q

external stakeholders

A

these individuals or groups outsides the organization who are affected by or have an interest in its activities
for example: customers , suppliers,government agencies, local communities

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