Internal: Employees
External: Customers, and suppliers.
external stakeholders of a business are government, local, community, pressure, groups and the media.
Internal and External M. C
First, of all i would like to tell you the main components of business environment, 1 Internal environment 2 External environment 1: INTERNAL ENVIROMENT:-It comprises of internal stakeholders i.e employees, management ,suppliers etc .In other words internal stakeholders have direct impact on business decisions. 2 EXTERNAL ENVIRONMENT:- It consists external stakeholders i.e customers, government etc Whenever a business takes any decision regarding the business it has to take due care of the environment in which it is running. The decision should not be against the stakeholders of the business theirby it definitely affects the business
Board members players
because interal is inside the business e.g. mangers, owners and stuff. the external is not inside the business like suppiles, govement and cosumsers. they will would different things from the business
There are two type of stakeholders which are internal stakeholders and external stakeholders. Thank you
No, government and creditor are the external stakeholders.
External stakeholders are persons or groups outside of a business that own shares in the organization. External stakeholders of KFC would be any shareholder that does not work for the company.
James Madison
Types of listening that would be required with internal and external stakeholders?
Internal Stakeholders include owners of the business, customers, suppliers, employees, and so forth. External stakeholders do not own or work with the business, but still have an interest in the business. They include: Interest group that might want to kick against the new developments, Associations and organisation inclusive; the press/media, local governments, local communities, and public authorities.External stakeholders might also be debtholders/creditors (i.e. a bank, if the business has a loan taken out)IMPROVEMENT OF THE ABOVESome of the above is actually misleading.First of all, stakeholders is the community of people affected by the decisions and actions of a business. They don't have a direct share in the ownership of the business.Internal stakeholders are people who work directly within the business.These includes:- employees- managementExternal stakeholders are people who are not directly working within the business but are affected in some way from the decisions of the business.These includes:- customers- suppliers- local communities- future generations
The business environment is the combination of internal and external factors that influence its operation. The structure of the business environment is dependent on the specific type of business.