Explain the Concept of a Stakeholder and List Five Common

question 31

Essay

Explain the concept of a stakeholder and list five common stakeholders.

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Definitions:

Labour

The human effort, both physical and mental, used in the production of goods and services.

Linear Programming

A mathematical method used to find the best possible outcome or solution in a given mathematical model for which requirements are represented by linear relationships.

Constraint

A restriction or limitation that affects the performance, capabilities, or design of a system, process, or project.

Problem Solving Software

Computer programs designed to assist in the analysis and solution of complex problems.