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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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Snarks answer is untrue ! a shareholder is a type of stakeholder. Customers, suppliers, employees, owners, trade unions and even the general public are stake holders in a business, a stake holder is a group, person or organinsation that affects or influences a business.

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Q: Why are stakeholders in important in a business?
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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.


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