42.8k views
4 votes
Which entities constitute the primary and secondary stakeholders of a business, respectively?

1 Answer

6 votes
Stakeholders of a company are the people who care most about the company's behavior and financial performance. The term is not synonymous with shareholder, though a shareholder is a stakeholder. Stakeholders typically are broken into two parts of primary and secondary. Understanding why secondary stakeholders are important to a company can help you better deal with this key group of individuals.
User Greg Hendershott
by
7.8k points