what are secondary stakeholders

A stakeholder possesses a risk that is attached to the business’ actions and outcomes. Another type of stakeholder is a key stakeholder. Identify two primary and two secondary stakeholders that influence Paradigm Toys. Stakeholders are customers, employees, suppliers, board of directors, owners, shareholders, government agencies, unions, political groups, the media, and others. To be a stakeholder means – opposed to having an interest – to have a stake or to hold a risk related to the actions of a certain business. Analyze two ways that the board of directors at Paradigm Toys will meet their corporate social responsibility to the primary and secondary stakeholders identified in part B. C. Reflect on the importance of ethical leadership by doing the following: 1. Strategic Marketing in Tourism 659 Words | 3 Pages. Stakeholders are people or groups interested in a project, program or company. Video Arts Inc., a Chicago-based business training company, is currently marketing The Grapevine, a 30-minute training video designed to teach companies how to deal with and prevent damaging gossip. Stakeholders have varying interests depending on their relationship with the project, but knowing whether they have primary or secondary interests may be valuable when doing an analysis of the situation. Stakeholders can be classifies in two group which are, primary stakeholders and secondary stakeholders. Primary stakeholders are those engage directly with the firms, customers. B. 1. • Secondary stakeholders: the secondary stakeholders are those who are although do not engage in direct economic exchange business but are affected by or can affected. Secondary Stakeholders. Secondary stakeholders are important to a company because they affect the company's reputation. Secondary stakeholders tend to be more vocal than primary stakeholders. In particular this section focuses on certain definitional issues, the classification of stakeholders, and more importantly the role of secondary stakeholders in influencing the organization and other stakeholders in … Read More. Within the broad spectrum of stakeholders, stakeholders can be broken into two different groups: primary stakeholders and secondary stakeholders. Secondary stakeholders are parties with an interest in a company, but they do not necessarily benefit from it directly. You can use this to generate a list of potential education stakeholders or as a checklist in case you have missed any roles. 8. The first section reviews relevant literature on the concept of stakeholders. This lists the roles, job titles, departments or groups who may be considered stakeholders in schools. Examples of Stakeholders in Schools. Secondary stakeholders can be of high strategic importance for the success of particular operations and activities of a company. Which of the following is an example of a secondary stakeholder … Secondary stakeholders. A second methodological step consists of determining the stake of a stakeholder. Example: general public, communities, activist, business support groups and media. Your company's stakeholders include any people, groups or entities affected by your operations, and not just shareholders or owners with a financial stake in the business. Stakes and groups can be categorized as threats and opportunities that build a stakeholder … Those individuals or groups with an interest in the project, including local and national government, policy makers, regulators, advocacy groups and NGOs, that are not directly impacted by the project but nonetheless have a legitimate interest in and influence over it. enabling them to manage the tourism industry. How Is a Competitor a Stakeholder?. This is a party that has the influence on the actions of the business, such as a business owner or the CEO. 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