What is a stakeholder? Identify two stakeholders and there role in a business.

A stakeholder is someone who has an interest in a specific business and is affected by a businesses actions. One type of stakeholder is a shareholder - a shareholder is an individual or institution that legally owns one or more shares of stock in a business. Shareholders main interests are profit and share price growth and the dividend yield in which they receive an x amount of money per share they hold. Shareholders who own a large majority of shares will have voting rights and lots of power and influence on the election of directors in the company.
Another stakeholder is a customer, there main interest in a business is to receive a high quality product or service otherwise they will move to another company offering a similar product or service. The key things a customer wants are great customer service and value for money. The power of the customer is high as without them a business can not function, a lot of work is done by businesses to attract and retain customers to boost its sales and therefore more likely to lead to higher profits.

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