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stakeholders
the term stakeholders has been derived from stake meaning interest or benefit.A stakeholder is an individual, group or an institution that has its stake in the functioning and performance of the business
what does the company consider of its stakeholder
Interest
what would happen if the interest is disregarded?
stakeholders can delay or block the operations of the business
who are the distress stakeholder
bank and government
what does stakeholders provide
1) necessary resources and support
2) finance ,labour, raw materials and machinery
3) business sell and distribute its product and services through stakeholders
the profit of the shareholder share their profit in the form
Dividends
internal stakeholders
stakeholders who are involved in the business from within the organisation
internal stakeholders example
employee, employers,shareholders
external shareholder
stakeholders who involved in the business from outside the organisation
external stakeholders eg
creditors ,supplier, dealers , government, society
who plays the regulatory and public interest
government