Study for Business

Conflicting Stakeholder Objectives and Their Impacts

What are different stakeholder objectives? A business’s internal and external stakeholders can have different objectives. These objectives must be taken into consideration by the business as they may have positive or negative impacts on operations. What’s more, when there are major differences in objectives, these can lead to stakeholder conflict. Some stakeholders have the following […]

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Defining Internal and External Stakeholders

What are stakeholders? Stakeholders are people, organisations or groups in the community that have an interest in a business. They can have an impact on the business, or the business could have an impact on them. These could include the owners of the business, customers, the government, suppliers, distributors, employees, community groups, pressure groups, managers

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