Stakeholders - ✔✔the individuals or groups that have an interest,
stake, or claim in the actions and overall performance of a company - in
what it does and how it performs
Internal stakeholders - ✔✔stockholders and employees, including
executive officers, other managers, and board members
External Stakeholders - ✔✔All other individuals and groups that have
some claim on the company
What do stockholders do? - ✔✔They provide the enterprise with risk
capital and expect management t attempt to maximize the return on
investment
Creditors - ✔✔provide the company with capital in the form of debt,
and they expect to be repaid on time, with interest (bondholders)
Employees - ✔✔Provide labor and skills and in exchange expect
commensurate income, job satisfaction, job security, and good working
conditions
, customers - ✔✔provide the company with its revenues, and in
exchange want high quality, reliable products that represent value for
money
Suppliers - ✔✔Provide a company with inputs and in exchange seek
revenues and dependable buyers
Governments - ✔✔Provide a company with rules and regulations to
govern business practice and maintain fair competition
Who are external stakeholders? - ✔✔- Governments
- Employees
- Suppliers
- customers
- unions
- local communities
- creditors
- general public
Unions - ✔✔help to provide a company with productive employees,
and in exchange they want benefits for their members in proportion to
their contributions to the company