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In today
Solution
n the past it had been the common conception that businesses fundamentally rely
upon, and in turn effect their economic capital, which is represented in the form of stockholders.
The rise to prominence of stakeholders (through studies and reports) has allowed firms to realise
that there are people and infrastructure beyond the company which are necessary to it and who
must have their interests protected. An organisation's stakeholders are all parties who can
reasonably be understood to be affected by its decisions. They can be deemed to represent the
businesses' social and environmental capital as well as economic. Stakeholders can be of very
different and varied guises and also harbour conflicting interests. In the main they can be
categorised into three major groups: Internal, Connected and External Stakeholders. Internal
stakeholders include managers and employees and are those that are situated within the company
and affect the

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In todaySolution n the past it had been the .pdf

  • 1. In today Solution n the past it had been the common conception that businesses fundamentally rely upon, and in turn effect their economic capital, which is represented in the form of stockholders. The rise to prominence of stakeholders (through studies and reports) has allowed firms to realise that there are people and infrastructure beyond the company which are necessary to it and who must have their interests protected. An organisation's stakeholders are all parties who can reasonably be understood to be affected by its decisions. They can be deemed to represent the businesses' social and environmental capital as well as economic. Stakeholders can be of very different and varied guises and also harbour conflicting interests. In the main they can be categorised into three major groups: Internal, Connected and External Stakeholders. Internal stakeholders include managers and employees and are those that are situated within the company and affect the