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StakeholdersStakeholders

Businesses have different types of internal and external stakeholders, with different interests and priorities. Sometimes these interests can conflict.

Part ofBusiness managementUnderstanding business

Stakeholders

want a business to do well because they will benefit from its success in some way. They can use their influence to change the fortunes of a business.

Stakeholders can be internal or external:

Stakeholders can be internal (owners/shareholders, managers and employees) or external (local community, customers, suppliers, bank and government)
Internal stakeholdersExternal stakeholders
Owners/shareholdersLocal community
ManagersCustomers
EmployeesSuppliers
Bank
Government
Internal stakeholdersOwners/shareholders
External stakeholdersLocal community
Internal stakeholdersManagers
External stakeholdersCustomers
Internal stakeholdersEmployees
External stakeholdersSuppliers
Internal stakeholders
External stakeholdersBank
Internal stakeholders
External stakeholdersGovernment