FUNDAMENTALS OF COMPUTER

Detailed explanation-1: -The term “stakeholder’ refers to the people or groups affected by a software development project. Stakeholders exist both within the organization and outside of it. They may be end users, or they might simply be affected by the process. Either way they have a vested interest in the final product.

Detailed explanation-2: -Internal stakeholders are people whose interest in a company comes through a direct relationship, such as employment, ownership, or investment. External stakeholders are those who do not directly work with a company but are affected somehow by the actions and outcomes of the business.

Detailed explanation-3: -Internal stakeholders are people or groups within the business, such as team members, managers, executives, and so on. External stakeholders are-as you can probably guess-people or groups outside the business. This includes customers, users, suppliers, and investors.

Detailed explanation-4: -All end users could also be considered stakeholders, but not all stakeholders are end users. Based on your current knowledge of the management need and potential stakeholders, use the following table to characterize potential stakeholders.