How do conflicting stakeholders affect company strategy?

Question:

How do conflicting stakeholders affect company strategy?

Stakeholders:

Stakeholders refer to the parties interested in a company and can be affected by the business's decision. Moreover, they can be divided into both external and internal depending on their roles in a corporation. Various stakeholders in the market include investors, suppliers, customers, and employees.

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There are different ways in which the stakeholders can have conflicts in a company. For instance, the company owners may need high profits in the...

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What Is a Stakeholder in Business? - Definition & Examples

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Chapter 8 / Lesson 10
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What is a stakeholder? Learn about stakeholders in business, the stakeholder definition, and the purpose of stakeholders. See examples of stakeholders in businesses.


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