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Stakeholder
LC Revision
| Question | Answer |
|---|---|
| Owners | The individuals or entities that have legal ownership of an organisation /business |
| Entrepreneurs | People who use their initiative to spot a gap in the market and take a personal and financial risk by setting up a business in the hopes of making a profit. |
| External Stakeholders | Do not work within a business but are affected by its activities, ie banks, service providers, consumers, local community |
| Stakeholder | an individual or group that has a vested interest in an organisation and can either affect or be affected by that organisation |
| Internal Stakeholders | Individuals and Parties within the organisation, ie employees, employers, board of directors |