Buy custom Distinguish between shareholder and stakeholder in a business context. Comment on the influence of shareholders on the management of a company and its allocation of rewards.
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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2191 |
Essay's paper body
External stakeholders; who have stake in the outcome, for example, the shareholders, government, customers, suppliers and other interested parties.
Together these groups form the stakeholders – the individuals and groups who have an interest in the organization and may therefore wish to influence its purpose, mission and objectives...
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In simple words, internal stakeholder group can be perceived as those who ‘runs’ or owns business, this includes executive officers, Board of Directors, employees and external stakeholders as those who invest, supply or use its product/ service, typical example of external stakeholders of the organization would be financial institutions, customers, suppliers, shareholders and unions...
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