GENERAL KNOWLEDGE

Detailed explanation-1: -As a general rule, stakeholder priority can be divided into three levels. The first and most important comprises employees, customers, and investors, without whom the business will not be able to operate. Secondary to them are suppliers, community groups and media influencers.

Detailed explanation-2: -Key stakeholders to be involved in strategic planning are those having a vested interest in the success of the organization. They include employees, unions, customers, vendors, shareholders, regulatory agencies, owners, supply chain partners, community members, and others who depend on and/or serve the organization.

Detailed explanation-3: -This includes legal and regulatory bodies, shareholders, and company owners.

Detailed explanation-4: -Board of directors: The group of people who make important decisions that impact the company. Managers or supervisors: People who manage a team, such as an entire department. investors: The person or people who invest money into the business for a fair return.