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Business Stakeholder List & Flashcards

Business Stakeholder List & Flashcards
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This person had a major influence on stakeholder theory.
R. Edward Freeman
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This is often contrasted against a stakeholder.
Shareholder
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These people have an ownership interest in a business.
Shareholders
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A right of a consumer to not be intentionally harmed by business activities is an example of this.
Moral Right
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Duty to pay wages or to honor contracts is an example of this.
Legal Obligation
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Ownership and property interests, legal interests and obligations, and moral rights are all categorized under this term.
Stakes
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Types of Stakes
Ownership and property interest, legal interests and obligations, and moral rights.
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This is a term for when someone has an interest in a business.
Stake
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Stake
A vital interest in the business or its activities.
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These people can be either internal or external to the business.
Stakeholders
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Stakeholder
Any person, organization, social group, or society at large that has a stake in the business.
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22 cards in set

Flashcard Content Overview

Shareholders are not the only people that drive the success of businesses. Stakeholders can also affect and be affected by businesses. You as an employee or a consumer might have a stake in a company. However, society as a whole also has stakes in businesses. Suppliers have a stake in a company because they want to provide the goods the business needs. Governments have a stake, as they rely on businesses for tax revenue.

These flashcards will help you understand different types of stakeholders and their impact on the success of a business. These stakeholders include any person, organization, social group, or society as a whole that has a stake in the business.

Front
Back
Stakeholder
Any person, organization, social group, or society at large that has a stake in the business.
These people can be either internal or external to the business.
Stakeholders
Stake
A vital interest in the business or its activities.
This is a term for when someone has an interest in a business.
Stake
Types of Stakes
Ownership and property interest, legal interests and obligations, and moral rights.
Ownership and property interests, legal interests and obligations, and moral rights are all categorized under this term.
Stakes
Duty to pay wages or to honor contracts is an example of this.
Legal Obligation
A right of a consumer to not be intentionally harmed by business activities is an example of this.
Moral Right
These people have an ownership interest in a business.
Shareholders
This is often contrasted against a stakeholder.
Shareholder
This person had a major influence on stakeholder theory.
R. Edward Freeman
These stakeholders contribute capital.
Shareholders & Owners
These are stakeholders that are essential to the business. They also rely on the business themselves.
Employees
These stakeholders are needed if the business is going to supply goods and services.
Customers
These stakeholders provide the necessary goods to a business.
Suppliers
These stakeholders rely on businesses for tax revenue to support public policies and projects.
Governments
These stakeholders provide businesses with infrastructure as well as political, social, and legal stability.
Governments
These stakeholders can affect businesses in ways such as taking market shares away.
Competitors
These stakeholders rely on businesses for donations, support, or partnerships.
Other organizations
This type of stakeholder is the set of institutions that facilitate useful social interactions.
Society
R. Edward Freeman wrote this book in 1984.
Strategic Management: A Stakeholder Approach
This type of stakeholder establishes markets where businesses can offer their goods and services.
Society

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