what is a stakeholder?
a person or group of people who have an interest in the success of an organisation
explain an internal stakeholder
those who work inside the business or have financed a business(eg employees,manager,shareholders)
explain an external stakeholder
those who are outside the business but have an interest in it success (eg governemtrn,suppliers,banks)
what does stakeholder interest mean?
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)
what does stakeholder influence mean?
these are the actions that a stakeholder can take which will affect a business (eg an employee could offer good/bad customer service