presentation on stake holders map of business
TRANSCRIPT
STAKE HOLDERS MAP OF BUSINESS
PRESENTED BYSAI KUMAR CHINTHA
MEANING Shareholders are the investors in a firm. The management is
accountable, not only to them but there are some other interest groups, who are also affected by the activities.
These groups are known as stakeholders. A stakeholder is a party that has an interest in a company, and
can either affect or be affected by the business. Stakeholders include employees, suppliers, trade unions,
customers, industry, competitors, government etc.,
STAKEHOLDERS Stakeholders can be internal or external. Internal stakeholders are people whose interest in a company
comes through a direct relationship, such as through employment, ownership or investment.
External stakeholders are those people who do not directly work with a company but are affected in some way by the actions and outcomes of said business. Suppliers, creditors and public groups are all considered external stakeholders.
DUTY OF AN ORGANIZATION An organization is accountable to all the stakeholders and
not only to the shareholders/investors. Thus, an organization should take decisions, which are
acceptable to all the stakeholders.
STAKEHOLDERS MAPPING
THANK YOU