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*correction, shareholders are different from stakeholders. This answer is wrong, please search elsewhere to find an answer.*

Stakeholders, also known as "Shareholders", are important to a business more so in the early growing stages of a company. The company realizes they don't have enough money to follow their plan of growth and so they start selling shares to anyone who would like to invest into their company.

Now they have the funds needed to grow in the direction they want and if they are successful and start making a good profit they will pay dividends to the shareholders. These dividends are often a small percentage of the worth of a share (maybe 5%). This will make it less likely that the shareholder will sell his share.

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Why stakeholders interested in the success of the business?

If the business is successful, then the stakeholders will benefit by increased pay, job security, job satisfaction, profit maximization and business ethics within the community. Say, for instance, a business may offer a pay increase if a employee performs to a certain standard.


Who are the business stakeholders?

Stakeholders in a business are any entity that is effected by the operations of that business in some way. The most obvious stakeholders are employees, owners, and customers. Other stakeholders are indirect stakeholders such as competitors, the neighborhood the business is in, the government, and the environment.


Why important to keep stakeholders well informed about the progress of the business?

Keeping stakeholders well informed about the progress of the business is crucial for building trust and maintaining transparency. Regular updates foster engagement and alignment with the company's goals, ensuring that stakeholders feel valued and included in decision-making processes. Additionally, informed stakeholders are more likely to offer support, resources, and constructive feedback, which can enhance overall business performance and drive success. Finally, transparency can help mitigate risks and manage expectations, leading to stronger relationships and long-term partnerships.


Who are the stakeholders in a business organization?

All those impacted by the success or failure of the business: stockholders, officers, employees, customers, suppliers and joint venture partners. And, to an extend, the general public and their governments.


Who is often considered one of the most important stakeholders?

One of the most important stakeholders in any organization is typically the customer. Customers drive demand for products and services, influence market trends, and provide valuable feedback that can shape business strategies. Their satisfaction and loyalty are crucial for a company's success and sustainability. Therefore, understanding and meeting customer needs is essential for any organization.

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Why important to keep stakeholders well informed about the progress of the business?

Keeping stakeholders well informed about the progress of the business is crucial for building trust and maintaining transparency. Regular updates foster engagement and alignment with the company's goals, ensuring that stakeholders feel valued and included in decision-making processes. Additionally, informed stakeholders are more likely to offer support, resources, and constructive feedback, which can enhance overall business performance and drive success. Finally, transparency can help mitigate risks and manage expectations, leading to stronger relationships and long-term partnerships.


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Who is often considered one of the most important stakeholders?

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