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1.4
Stakeholders
Stakeholders are people and organisations with an interest or concern in a business. This means that the decisions a business makes will impact them in one way or another. Trying to balance the needs of each individual stakeholder is a complex process. This unit investigates who are the stakeholders a business must consider in the decision making process.
Furthermore, stakeholder views may conflict or be considered mutually beneficial depending on the nature of the business decision, and these relationships are also investigated.
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