Stakeholder Theory Flashcards
1
Q
What is a Stakeholder?
A
Any group or individual who can affect or is affected by the achievement of the organisations objectives.
2
Q
What is Stakeholder Management?
A
The necessity for an organisation to manage the relationships with its specific stakeholder groups in an action-oriented way.
3
Q
What are Shareholders?
A
They own part of a public company through shares of stock.
