Latest Posts

Stakeholder objectives Both internal and external stakeholders can have different objectives. Businesses must take stakeholder’s objectives into consideration as they may have positive or negative impacts on operations. When there are major differences in objectives, these can lead to stakeholder conflict. Some stakeholders have the following objectives: How different objectives can lead to stakeholder conflict […]

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