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A stakeholder that does not engage in direct economic exchange with a company, but is affected by or can affect its actions. (Also called a secondary stakeholder.) An example are NGO's.

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Definition internal stakeholder?

Internal Stakeholders are anyone within the business such as workers, owners, shareholders etc Internal stakeholders are operating in the businesses immediate department for example a manager is an internal stakeholder as it has a direct use within the business.


What is a principal stakeholder?

The person in the organization who will be most directly and immediately affected by the outcomes of the project.


Why is a business concerned with stakeholders other than the owners?

why is a business concerned with stakeholder other than the owner


Vendor is not a key project stakeholder?

A Vendor is a Key Project Stakeholder. Let us say I am constructing an apartment and have chosen a Vendor to supply the toilet sinks for my building, if my vendor messes up the delivery, my apartment will not be completed on time. Sure, I can identify another vendor and buy the stuff I want, but a lot of time will be lost in the meantime. Hence, even vendors are key project stakeholders


Any entity that can be affected in some way by the actions of a business is known as a?

Any entity that can be affected in some way by the actions of a business is known as a stakeholder. Stakeholders can include a wide range of individuals and groups, such as employees, customers, suppliers, shareholders, and the community. Their interests and concerns can influence business decisions and strategies. Effective stakeholder management is crucial for a business's long-term success and sustainability.

Related Questions

Difference between customer and stakeholder?

stakeholder customer


What are the four main limitations of GDP accuracy?

nonmarket activities, underground economy, negative externalities, and quality of life


Components of the tourism stakeholder system?

components of the tourism stakeholder system


What is connected stakeholder?

Connected Stakeholder are directly connected with business organisations.


Stakeholder of mutual fund?

A stakeholder of a mutual fund is someone who has interest in it.


What is project stakeholder management?

A stakeholder - is a person who has invested money in something.


What are stakeholder claims?

A stakeholder is any person who affects or is affected by the activities of an organisation. A claim is the outcome that the stakeholder seeks or the outcome which would benefit the stakeholder most or harm it least


What is a non market stakeholder?

A stakeholder that does not engage in direct economic exchange with a company, but is affected by or can affect its actions. (Also called a secondary stakeholder.) An example are NGO's.


Who are the stakeholder of the project management in Nepal?

Stakeholder are people who have an interest in company or organization's affairs.


What are the Examples of a stakeholder?

A stakeholder is an individual or group of people who have an interest in a business. Some stakeholders are stockholders, employees, customers, the community or society in which the company operates, etc. Sometimes, even the government can be a stakeholder. Anyone that has a "stake" in the company is a stakeholder basically.


Stakeholder are people or organizations that have an interest in a company?

Stakeholder are people or organizations that have bought shares in a company.


What is princlples for stakeholder cooperation?

Transparency, accountability, fairness, and responsibility are all principles for stakeholder cooperation.