Stakeholders

by Unknown 4:52 AM 0 comments Economic Theory Investment Theory

The Inside Stakeholders are people who are closest to the organisation and have the strongest and most direct claim on organisational resources

--> Shareholders (or stockholders): the owners of the organisation
--> Managers: the employees who are responsible for coordinating organisational resources and ensuring that an organisation’s goals are successfully met
--> The workforce: all non-managerial employees

The Outside Stakeholders are people who do not own the organisation, are not employed by it, but do have some interest in it
--> Customers: an organisation’s largest outside stakeholder group, basically anyone who buys their products.
--> Suppliers: provide reliable raw materials and component parts to organisations
--> The government: wants companies to obey the rules of fair competition. Wants companies to obey laws that directly or indirectly may affect employee and customer relationships, social and economic issues.
--> Trade unions: relationships with companies can be one of conflict or cooperation
--> Local communities: their general economic well-being is strongly affected by the success or failure of local businesses. The general public wants local businesses to do well against overseas competition. They want corporations to act in socially responsible ways.