How Can Stakeholders Affect A Business. Ensure that your business remains reliable. Secondary stakeholders on the other hand include those who are indirectly impacted by an organization or who indirectly impact an organization. Lets explore how business decisions can affect a shareholders interest in the company. That being said the weight of this activity is what makes it such an important process for the people involved with making the decision.
How stakeholders are affected by business activity The activities of a business will affect all stakeholders but some might be more affected than others. That being said the weight of this activity is what makes it such an important process for the people involved with making the decision. A customer may demand the. Business risk is an umbrella term for the factors and events that can impact a companys operational performance and income. Stakeholders can be defined as individuals and groups who are affected by the activities of an organisation. These include shareholders managers employees customers and suppliers.
STAKEHOLDER - an individual or a group which has an interest in and is affected by the activities of a business.
How stakeholders can help business. With the increased importance of corporate governance the demand for external corporate governance services has grown considerably. Stakeholders do not have any role in the management of the organization but they do influence the organizational management. Owners - they want the business to be successful. As a leader of your organization the last thing you want to do is make a decision that could severely impact a stakeholder or cause the business to suffer a financial loss. The most important stakeholders can be seen as those with most to lose from the organisations actions but this.