who are stakeholders? explain in brief
Answers
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 party that has an interest in an organization and can either be affected or affect a business is called a stake holder.
Explanation:
• In business there are the main stake holders and they include suppliers, investors, customers and employees. However in the modern theory the stake holder have increased like the trade association, community and the government.
• Stake holders can either be external or internal .People whose interest in the organization comes through direct relation is said to be internal stakeholders. While those who come through indirect means are known to be external stakeholders.
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