List two primary and two secondary stakeholders and briefly describe their relationship/importance to a business.
List two primary and two secondary stakeholders and briefly describe their relationship/importance to a business.
A: Employees in a company are primary stakeholders. They are important because they are the ones who are responsible to run the daily operations of the company.
B: Investors are also primary stakeholders. They invest money in the business.
C: People living near the place who might be affected by the environmental implication of the business are secondary stakeholders.
D: Local employment agency who might be interested in the business to hire its people are also secondary stakeholders.