Unit 1.4 stakeholders

Question 1

who are the stakeholders of a business

Answer 1

-Employees
-Management
-Owners/Shareholders
-Board of Directors
-Investors
-Suppliers
-cutomers
-financers
-pressure groups
- competitors
government

Question 2

Stakeholders

Answer 2

Stakeholders are individuals, groups, or entities with a vested interest in a business’s success and can influence or be influenced by its actions and decisions.

Question 3

stakeholder conflict

Answer 3

situations where the interests or objectives of different stakeholders within a business are in opposition or not aligned.

Question 4

stakeholder mapping

Answer 4

categorizing stakeholders based on their influence and interest in the business to develop effective engagement strategies.

Question 5

shareholders

Answer 5

individuals or entities who own a portion of a company by holding shares of its stock. They typically have a financial interest in the company and may receive dividends as a return on their investment.