Question

Given our globalized business environments how can organizations figure out who are the most important stakeholders?

Answer 1

Stakeholders has keen interest in the business organization.They are the one who must have say in the organization.

They do not have any financial interference in the company but the performance of the business hampers the profit of the stakeholders.

The most important stakeholders of the company are:

1.The employees help in the peroduction and supply of the products which are meant in the organisation.

2.The second most important stakeholders are the consumers who are the end users of the company's product.

3.Shareholders are those who have a sharing in the profit and loss of the company.

4.The suppliers,distributors and other partners are the important stakeholders of the company.

5.The governement regulations are also the key stakeholders in the organization.