TERMS Unit 1: Intro to BM Chapter 4: Stakeholders

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4 Terms

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stakeholder concept

the view that businesses and their managers have responsibilities to a wide range of groups, not just stakeholders

<p>the view that businesses and their managers have responsibilities to a wide range of groups, not just stakeholders</p>
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internal stakeholders

employees, owners, board of directors, managers, shareholders

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external stakeholders

customers, suppliers, government, banks and other creditors, pressure groups, community action groups

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