What are Stakeholders and Why are They Important?

stakeholders  What are stakeholders in business? · Sharing their feedback on company decisions or processes · Providing continued loyalty or participation Types edit · Primary stakeholders are usually internal stakeholders, are those that engage in economic transactions with the business (for example stockholders,

All stakeholders are invested in the company and have some input Internal stakeholders include employees Figure 1 The picture shows the typical stakeholders Common stakeholder issues · Trying to align many different stakeholders · Competing priorities between stakeholders · Resource constraints · Breakdowns in

Involving stakeholders is at the heart of accounting for value and plays a key role in how you apply the other social value principles: Understand what changes; Stakeholder Engagement The Company realizes the importance of all stakeholders to business operations Therefore, the Company gives them the opportunities