Business in contemporary society
Businesses have different types of internal and external stakeholders, with different interests and priorities. Sometimes these interests can conflict.
A stakeholder is anyone with an interest in a business. Stakeholders are individuals, groups or organisations that are affected by the activity of the business. They include:
Internal stakeholders are groups within a business - eg owners and workers. External stakeholders are groups outside a business - eg the community.
It is important at Higher level you are able to
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