ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A stakeholder is a person, group or organization with a vested interest, or stake, in the decision-making and activities of a business, organization or project. Stakeholders can be members of the organization they have a stake in, or they can have no official affiliation.

Detailed explanation-2: -A stakeholder has a vested interest in a company and can either affect or be affected by a business’ operations and performance. Typical stakeholders are investors, employees, customers, suppliers, communities, governments, or trade associations.

Detailed explanation-3: -Stakeholder means any people or groups who are positively or negatively impacted by a project, initiative, policy or organisation. They could be internal (people within your organisation) or external (people outside of your organisation).

Detailed explanation-4: -Primary stakeholders (also known as key stakeholders) have the highest level of interest in the outcome of a project because they are directly affected by the outcome. They actively contribute to a project. These types of stakeholders include customers and team leaders.

Detailed explanation-5: -In business, a stakeholder is any individual, group, or party that has an interest in an organization and the outcomes of its actions. Common examples of stakeholders include employees, customers, shareholders, suppliers, communities, and governments.