What Does A Stakeholder Mean In English?

by | Last updated on January 24, 2024

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stakeholder in American English

(ˈsteikˌhouldər) noun. the holder of the stakes of a wager . a person or group that has an investment, share, or interest in something , as a business or industry.

What is a stakeholder in writing?

Review. A stakeholder is best defined as “ a person, group or organization that has direct or indirect stake in an organization because it can affect or be affected by the organization’s actions, objectives, and policies ”.

What are stakeholders in English?

stakeholder in American English

(ˈsteikˌhouldər) noun. the holder of the stakes of a wager . a person or group that has an investment, share, or interest in something , as a business or industry.

What are the 4 types of stakeholders?

  • #1 Customers. Stake: Product/service quality and value. ...
  • #2 Employees. Stake: Employment income and safety. ...
  • #3 Investors. Stake: Financial returns. ...
  • #4 Suppliers and Vendors. Stake: Revenues and safety. ...
  • #5 Communities. Stake: Health, safety, economic development. ...
  • #6 Governments. Stake: Taxes and GDP.

What’s another word for stakeholders?

  • collaborator.
  • colleague.
  • partner.
  • shareholder.
  • associate.
  • contributor.
  • participant.
  • team member.

Which is the best definition of a stakeholder?

A stakeholder is a party that has an interest in a company and can either affect or be affected by the business . The primary stakeholders in a typical corporation are its investors, employees, customers, and suppliers.

How do you identify stakeholders?

Identify Your Stakeholders

Start by brainstorming who your stakeholders are . As part of this, think of all the people who are affected by your work, who have influence or power over it, or have an interest in its successful or unsuccessful conclusion.

How do you write a stakeholder?

  1. Step 1: Identify your stakeholders. Brainstorm who your stakeholders are. ...
  2. Step 2: Prioritize your stakeholders. Next, prioritize your stakeholders by assessing their level of influence and level of interest. ...
  3. Step 3: Understand your key stakeholders.

How do you address stakeholders?

  1. Identify the key stakeholders. ...
  2. Understand each stakeholder’s goals. ...
  3. Prioritize the key objectives. ...
  4. Discuss the expectations with your stakeholders. ...
  5. Set up an internal reporting structure. ...
  6. Communicate with stakeholders throughout the process.

What is a stakeholder in public speaking?

Stakeholders: The people who have something to lose or gain as the result of a decision or policy . They have an interest in that decision. Speakers are never just informing and persuading; there is always a larger context that creates mutual responsibilities between speakers and their audiences.

What is the role of a stakeholder?

What Is the Role of a Stakeholder? A stakeholder’s primary role is to help a company meet its strategic objectives by contributing their experience and perspective to a project . They can also provide necessary materials and resources.

Why are stakeholders so important?

Stakeholders give your business practical and financial support . Stakeholders are people interested in your company, ranging from employees to loyal customers and investors. They broaden the pool of people who care about the well-being of your company, making you less alone in your entrepreneurial work.

Which stakeholder is most interested in profit?

Shareholders are interested in financial statement analysis to know the profitability of the organization.

Is stakeholder an offensive term?

It has been brought to our attention by some of our Native American colleagues that the term stakeholder is no longer appropriate to use because it is so deeply rooted in colonial practices. We have been encouraged to use terms like “interested parties” instead.

Is client a stakeholder?

Stakeholders are the driven force . ... Clients are the purpose for which the organization exists and stakeholders are all those interests, internal and external, that came together for the purpose of satisfying client needs and in doing so expect some return for their effort.

What is the opposite of stakeholder?

Opposite of one who participates in an action or event. nonparticipant . boss . enemy . fan .

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.