Readers ask: Which Of The Following Is Not Considered A Stakeholder Under The Narrow Conception Of The Term?

What are the 4 types of stakeholders?

Types of Stakeholders

  • #1 Customers. Stake: Product/service quality and value.
  • #2 Employees. Stake: Employment income and safety.
  • #3 Investors. Stake: Financial returns.
  • #4 Suppliers and Vendors. Stake: Revenues and safety.
  • #5 Communities. Stake: Health, safety, economic development.
  • #6 Governments. Stake: Taxes and GDP.

What is narrow stakeholder?

Narrow stakeholders are those that are the most affected by the organisation’s policies and will usually include shareholders, management, employees, suppliers, and customers who are dependent upon the organisation’s output.

Who are the 5 main stakeholders in a business?

Some examples of key stakeholders are creditors, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources.

What are the 8 stakeholders?

Do businesses exist for their shareholders or their stakeholders?

  • Founders and owners. I’d assume everyone agrees that founders and owners of private companies are key stakeholders.
  • Customers. Yes, without them you don’t have much.
  • Employees.
  • Investors.
  • Creditors.
  • Families.
  • Competitors.
  • Community.
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How do you classify stakeholders?

Stakeholders with similar interests, claims, or rights can be classified into different categories according to their roles (e.g., employees, shareholders, customers, suppliers, regulators, or nongovernmental organizations). In corporate governance, stakeholders are often classified into primary or secondary groups.

How do you identify stakeholders?

Put simply, if someone has any interest in or is affected by your project, they are your stakeholder. Examples of stakeholders include the project manager, project sponsor, higher management, and team members.

What power do stakeholders have?

Stakeholders may also wield power to influence business practices in a few other ways. Technology, cultural norms, the environment and direct persuasion of groups have also been cited as areas of stakeholder power.

What are stakeholders examples?

Typical stakeholders are investors, employees, customers, suppliers, communities, governments, or trade associations. An entity’s stakeholders can be both internal or external to the organization.

What is narrow view and broad view?

The narrow view restrains a corporation’s moral obligation to the corporation’s owners and shareholders while the broad view, which is often deployed to support Corporate Social Responsibility initiatives, extends the corporation’s moral obligation towards others beyond the confines of the corporation walls to include

Which is the most important stakeholder?

Research reveals the most important stakeholder group of organizations are employees – who come ahead of customers, suppliers, community groups, and especially far ahead of shareholders.

What is another word for stakeholders?

synonyms for stakeholders

  • collaborator.
  • colleague.
  • partner.
  • shareholder.
  • associate.
  • contributor.
  • participant.
  • team member.

Who is more important shareholders or stakeholders?

Although shareholders may be the largest type of stakeholders, because shareholders are affected directly by a company’s performance, it has become more commonplace for additional groups to also be considered stakeholders.

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What is the role of a stakeholder?

What Is the Role of a Stakeholder? A stakeholder’s primary role is to help a company meet its strategic objectives by contributing their experience and perspective to a project. They can also provide necessary materials and resources.

What are the 9 stakeholders?

9 Examples of Stakeholders

  • Investors. The owners of a business.
  • Creditors. The creditors of a business typically have rights such as access to accurate and timely financial information.
  • Communities. The communities that are impacted by your business.
  • Trade Unions.
  • Employees.
  • Governments.
  • Partners.
  • Customers.

How do you identify stakeholders in project management?

Let’s explore the three steps of Stakeholder Analysis in more detail:

  1. Identify Your Stakeholders. Start by brainstorming who your stakeholders are.
  2. Prioritize Your Stakeholders. You may now have a list of people and organizations that are affected by your work.
  3. Understand Your Key Stakeholders.

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