c
c





A stakeholder refers to any person
or organization that has a „


 in and is  „ by
the performance of a business.

 
c
c
O mployees

O Shareholders(Stockholders)
O Managers and Directors
  c
O Suppliers
O Retailers/Wholesalers
O Customers
O Special Interest Groups
O Competitors
O Government
O Financial Institution
 ¦
O  ample 1: A large customer may
well be given an e tended credit
period.
O  ample 2: Company directors
receiving large profit related bonuses
because they have saved money bh
sacking 10% of the workforce
 
O  ample 3: A business decides to
invest e tra money in the local
community at the e pense of
dividend paid.
O  ample 4: A business sponsors a
charity by contributing a certain
percentage of each $1 of revenue.
 
O Resolving such a conflict of interest
requires evaluation of the
stakeholders, by reference to the
business objectives.
O A business will not always take the
decision which satisfies all
stakeholders.