Who are organisational stakeholders?
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Answer:
Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources.
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A stakeholder in a business is any person, organization, or group with an interest in a company and the results of its decisions.
Explanation:
- A stakeholder is a party with an interest in a business who has the potential to influence or be impacted by it.
- A typical corporation's investors, workers, clients, and suppliers make up its main stakeholders.
- However, the idea has been broadened to encompass communities, governments, and trade groups as a result of the growing focus on corporate social responsibility.
- A stakeholder has an interest in a firm and has the potential to influence or be affected by its operations and performance.
- Investors, workers, consumers, suppliers, communities, governments, or trade groups are examples of typical stakeholders.
- Stakeholders in a corporation can be either internal or external to the company.
- One form of stakeholder that businesses need to be aware of is shareholders.
- In some circumstances, the general public may also be considered a stakeholder.
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