Explain the term ‘stakeholder’ and list two examples of stakeholders in a business - Leaving Cert Business - Question 3 - 2014

A stakeholder is defined as any individual or group that has an interest in or is directly affected by the operations of a business. This involvement can range from financial investment to personal, social, or emotional investment in the business's outcomes. Stakeholders include those who are impacted by the business's decision-making processes, such as employees, customers, suppliers, and the local community.