Thursday, 15 December 2011

what are stake holders?

persongroup, or organization that has direct or indirect stake in an organization because it can affect or be affected by the organization's actionsobjectives, and policies. Key stakeholders in a business organization include creditors,customersdirectorsemployeesgovernment (and itsagencies), owners (shareholders), suppliersunions, and thecommunity from which the business draws its resources.
Although stakeholding is usually self-legitimizing (those who judge themselves to be stakeholders are stakeholder ), all stakeholders are not equal and different stakeholders areentitled to different considerations. For example, a company’s customers are entitled to fair trading practicesbut they are not entitled to the same consideration as thecompany's employees. See also corporate governance.

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