What is a Stakeholder? | Who are the Stakeholders in a Business and Why are They Important?

Welcome to our channel! In this video, we delve into the essential topic of stakeholders in a business. If you've ever wondered "What is a stakeholder?" or "Who are the stakeholders in a business and why are they important?", this video is for you.

In this video, we cover:

The definition of a stakeholder.
Different types of stakeholders, including internal and external ones.
Practical examples and analogies to help you understand the role and importance of stakeholders.
Why stakeholders are crucial to the success and sustainability of any business.

Key Takeaways:
Learn how employees, managers, shareholders, customers, suppliers, investors, creditors, government, and the community each play a vital role in a business.
Understand the impact stakeholders have on a company's performance and decision-making process.
Discover how businesses can balance the interests of various stakeholders to achieve long-term success.
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Keywords: What is a stakeholder, Who are the stakeholders in a business, Importance of stakeholders, Types of stakeholders, Stakeholders in business, Business success, Internal and external stakeholders.