Shareholders customers suppliers and employee groups are considered
direct stakeholders
formal stakeholders
indirect stakeholders
convertible stakeholders
Direct stakeholders are individuals or groups who have a direct and immediate interest in an organization, such as shareholders, customers, suppliers, and employees. They have a direct relationship with the organization and are directly affected by its actions and decisions.
Formal stakeholders are individuals or groups who have a formally recognized stake in an organization. They may have legal rights, contracts, or formal agreements with the organization that establish their stakeholder status.
Indirect stakeholders are individuals or groups who are not directly affected by the organization's actions and decisions, but may be indirectly influenced or impacted by them. This can include local communities, government agencies, or the general public.
Convertible stakeholders are individuals or groups who may not initially be considered stakeholders, but can become stakeholders depending on certain circumstances. For example, a competitor may become a stakeholder if they acquire a significant stake in the organization or if they collaborate on a specific project.
Shareholders, customers, suppliers, and employee groups are considered direct stakeholders. They are directly involved in the operations and activities of the company. They have a direct interest in the company's success and are affected by its decisions and performance.
Formal stakeholders are stakeholders who have a formal or contractual relationship with the company. This could include contractual agreements, partnerships, or other legal arrangements. They often have specific rights and obligations that are outlined in formal agreements.
Indirect stakeholders are individuals or groups that are affected by the actions of the company but do not have a direct relationship or contractual agreement with the company. They may include local communities, regulatory bodies, or environmental groups, among others.
Convertible stakeholders are stakeholders who can change their status from indirect to direct or vice versa depending on their engagement with the company. For example, an environmental group may initially be an indirect stakeholder but can become a direct stakeholder if they engage directly with the company through campaigns or collaborations.
Shareholders, customers, suppliers, and employee groups are considered direct stakeholders because they have a direct and immediate interest in the organization's activities and are directly impacted by its actions and performance.
Formal stakeholders are individuals or groups who have a formal, recognized relationship with the organization, such as government agencies, regulatory bodies, or industry associations. These stakeholders have a specific role or responsibility in relation to the organization and may have the authority to influence its operations.
Indirect stakeholders are those who are not directly involved or engaged with the organization but can still be affected by its actions. Examples could include the local community, environmental groups, or future generations. Although these stakeholders may not have a direct interest or involvement in the organization, they can still be impacted by its activities.
Convertible stakeholders are not a commonly recognized category of stakeholders. It is possible that this term is referring to stakeholders who may switch between being direct, formal, or indirect stakeholders depending on the specific circumstances or context. However, without further context or clarification, it is difficult to provide a definitive explanation for this term.