Introduction to stakeholders.
Stakeholders are people who have an interest or share in the business. There are two types of stakeholders these are internal stakeholders and external stakeholders. Businesses have to consider the influences from there stakeholders, positive and negative and how it will effect the business. Using this they can figure which stakeholders are most important for the business then other stakeholders. this is because they are a key part of making the business work like the owner without a owner there would be no business.
Internal stakeholders are employees, managers and the owners and more. These people are internal stakeholders because they have a direct interest in the business as they work in the business and for the business. Some of there interests are wages, gaining new customers, making more profit and expanding the business. Theses are just the main interests they will have more personal interests for themselves.
External stakeholders are people who have an interest in the business but don't work with or for the business so they have no direct interest with the business this is because they are
interested in how the business is being run the profits its making, the main interest is money this is for the share owners, shareholders own part of the business. For the people like customers would be interested in the product quality and the price mainly. the business so they own part of the business so they are interested how it is being run.
Internal stakeholders are employees, managers and the owners and more. These people are internal stakeholders because they have a direct interest in the business as they work in the business and for the business. Some of there interests are wages, gaining new customers, making more profit and expanding the business. Theses are just the main interests they will have more personal interests for themselves.
External stakeholders are people who have an interest in the business but don't work with or for the business so they have no direct interest with the business this is because they are
interested in how the business is being run the profits its making, the main interest is money this is for the share owners, shareholders own part of the business. For the people like customers would be interested in the product quality and the price mainly. the business so they own part of the business so they are interested how it is being run.