stakeholders Flashcards

(5 cards)

1
Q

what is a stakeholder?

A

a person or group of people who have an interest in the success of an organisation

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2
Q

explain an internal stakeholder

A

those who work inside the business or have financed a business(eg employees,manager,shareholders)

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3
Q

explain an external stakeholder

A

those who are outside the business but have an interest in it success (eg governemtrn,suppliers,banks)

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4
Q

what does stakeholder interest mean?

A

this iswhat stakeholders want from the business-its the reason there a stakeholder (eg an employee wants to receive a fair wage for their work)

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5
Q

what does stakeholder influence mean?

A

these are the actions that a stakeholder can take which will affect a business (eg an employee could offer good/bad customer service

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