Who Are a Firm's Stakeholders? What Are the Two Types

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The Answer is A firm's stakeholders are individuals or groups that have an interest,claim,or stake in the company,in what it does,and in how well it performs.They can be divided into internal stakeholders and external stakeholders.Internal stakeholders are individuals or groups who work for or own the business.They include all employees,the board of directors,and shareholders.External stakeholders are all the other individuals and groups that have some direct or indirect claim on the firm.Typically,this group comprises primary stakeholders such as customers,suppliers,governments,and local communities as well as secondary stakeholders such as special interest groups,competitors,trade associations,mass media,and social media.

Who Are a Firm's Stakeholders? What Are the Two Types

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