The Stake of Consumers in Corporations
The Stake of Consumers in
Corporations
Libyan International Medical University
Faculty of Business Administration
Fahd Elsaite
ID: 3307
Fahd_3307@limu.edu.ly
05
Table of Contents
Objectives
Definition of
Stakeholder
The Stake of
Customers in
Corporations
Conclusion
Reference
01
02
03
04
Objectives
U
n
d
e
r
s
t
a
n
d
t
h
e
D
e
f
i
n
i
t
i
o
n
o
f
S
t
a
k
e
h
o
l
d
e
r
s
K
n
o
w
t
h
e
S
t
a
k
e
t
h
a
t
C
o
n
s
u
m
e
r
s
H
a
v
e
i
n
C
o
r
p
o
r
a
t
i
o
n
s
Definition of Stakeholder
A stakeholder is a party that has an interest in a
company and can either affect or be affected by
the business. The primary stakeholders in a
typical corporation are its investors, employees,
customers, and suppliers.
The Stake of Consumers In
Corporations
Customers depend on the company to supply a product or service. They
support the company with every purchase they make, and each purchase
also shows the company what products and services to invest in further.
In doing so, customers help guide the direction of a small business.
Customers also share their opinions and experiences with the customer
service department, and they may directly request changes in products or
services. Because customers often speak directly with small business
owners in their community, these businesses have the opportunity to
cultivate a strong understanding of what their customers need or want.
Conclusion
Customers are stakeholders that rely on
the products of a business.
Reference
Learn What Stakeholders Are and the Roles That They Play
.
(2021, August 19). Investopedia. Retrieved December
8, 2021,
Martin, M. J. (2019, January 11).
Role & Activities of
Stakeholders
. Small Business - Chron.Com. Retrieved
December 8, 2021,
Understand the stake that consumers have in corporations and how they influence business decisions. Learn the definition of stakeholders and the importance of customer feedback.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Libyan International Medical University Faculty of Business Administration The Stake of Consumers in Corporations Fahd Elsaite ID: 3307 Fahd_3307@limu.edu.ly
Table of Contents 01 02 03 Objectives Definition of Stakeholder The Stake of Customers in Corporations 04 05 Reference Conclusion
Objectives Understand the Definition of Stakeholders Know the Stake that Consumers Have in Corporations
Definition of Stakeholder A stakeholder is a party that has an interest in a company and can either affect or be affected by the business. The primary stakeholders in a typical corporation are its investors, employees, customers, and suppliers.
The Stake of Consumers In Corporations Customers depend on the company to supply a product or service. They support the company with every purchase they make, and each purchase also shows the company what products and services to invest in further. In doing so, customers help guide the direction of a small business. Customers also share their opinions and experiences with the customer service department, and they may directly request changes in products or services. Because customers often speak directly with small business owners in their community, these businesses have the opportunity to cultivate a strong understanding of what their customers need or want.
Conclusion Customers are stakeholders that rely on the products of a business.
Reference Learn What Stakeholders Are and the Roles That They Play. (2021, August 19). Investopedia. Retrieved December 8, 2021, Martin, M. J. (2019, January 11). Role & Activities of Stakeholders. Small Business - Chron.Com. Retrieved December 8, 2021,
