Answer:
The term stakeholders refers to the individual, group, or organization that plays a role or has an interest in the outcome of a project.
Step-by-step explanation:
Stake holders are a group of people who have invested In the firm. Stakeholders are those groups of people who can positively or negatively impact the output of the projects as they get a say in the firm, they get partial ownership.
Stakeholders are the party in interest because, it can be very costly and very expensive if you ignore any of the stakeholder’s expectations and let them job as it can hugely impact the project in a very downward direction and negatively delay in deliveries.