stakeholders Flashcards
what is a stakeholder?
a stakeholder is any person or group of people that has an interest in the business.
types of stakeholders
1.government
2.suppliers
3.community
4.consumers
5.investors
6.employees
customers
they depend on the business for their supplies, raw materials or services
suppliers
They buy from the businesses as it increase their own potential to service and make a profit
employee
they depend on the businesses for jobs and incomes
government
the government makes law and rules that the businesses have to follow
internal stakeholders
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
external stakeholders
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