Karthikeyan

A stakeholder is any person or group that is affected by a business or has an interest in how the business runs.

Stakeholders can be inside the business or outside.

Types of Business Stakeholders

1. Internal Stakeholders (inside the business)

• Owners / ShareholdersWant profits and business growth.

• ManagersWant success, efficiency, and meeting targets.

• EmployeesWant salary, job security, good working conditions.

2. External Stakeholders (outside the business)

• CustomersWant good quality, low prices, and good service.

• SuppliersWant regular orders and on-time payments.

• GovernmentWants tax, legal rules followed, safe products.

• Local CommunityWants jobs, no pollution, support for the area.

• Banks / LendersWant loans to be repaid with interest.