Stakeholders

• A stakeholder

   is any person, group of people or other organisation that has an interest in the activities of a business.

  Stakeholders can also influence the decisions that a business makes
• Internal stakeholders work within a business, either making decisions or carrying them out. External stakeholders do not work within a business but are affected by its activities
• Shareholder and owners


  In a public limited company, these are people who influence the business’ aims, objectives and strategic activities. In a limited company, these are people who make business decisions but need to agree them with the other shareholders. Shareholders are part owners of a private or public limited company
• Managers


  Staff who are responsible for implementing the decisions made by the owners and overseeing the work that is required
• Employees


  Staff who carry out the day-to-day work of the business
• Customers


  People who buy products or services from the business
• Suppliers


  Other businesses and organisations that provide products or services to the business
• Local community


  People, organisations and businesses that live or are located in the area around the business
• Pressure groups


  Groups of people who share a common interest that is related to the business
• Government


  The business will make tax payments to both local and central government