what is this stakeholders and type of stakeholders
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In business, a stakeholder is any individual, group, or party that has an interest in an organization and the outcomes of its actions.
There are five major types of stakeholders:
Project manager.
Project team.
Functional management.
Sponsors.
Customers.
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Explanation: the term skateholder is developed from the word 'stake' which means an interest or an expected benefit.
Stakeholders therefore mean all those individuals, groups and institutions who have a stake inn the functioning and performance of the commercial organisation or business enterpise.
Stakeholders can be broadly classified into two categories;
(i) internal stakeholder;
(ii) external skateholder
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