Examples of stakeholders

Question

I'm a business student if I start a business such as a watch company who could be my stakeholders and specify?

Answer 1

If you start a watch business, then some of your stakeholders would be:

- vendors and suppliers of goods and services (watch manufacturer, accountant, landlord)
- employees
- business partners
- bankers loaning you capital to run the business
- your family
- customers
- potential customers
- owners of neighboring shops/businesses
- business owners of similar businesses in your area

If your watch company is an Internet company, then perhaps the world-at-large is a stakeholder.

Comments

For an infrastructure developement project poeple living nearby the project site are also stake holders.