This article analyzes the likely positive and negative effects of business decisions on three different stakeholder groups - employees, customers and local community.
Posts tagged as “external stakeholders”
Cash Flow shows movements of cash within a business. Cash Flow relates to the timing of payments – receiving cash and spending cash.
While all stakeholders are important, some stakeholders provide finance for the business, therefore have special relationship with the business.
External stakeholders also have an interest in the decisions and activities of a business, but they do not form a part of the business.
Stakeholders are the people interested in the business. You are a stakeholder, if you buy goods and/or use services from that business.