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The stakeholders of a business can be described as anyone who has a stake in the business. The primary example of a stakeholder would be anyone who has bought shares in the business and is expecting a return on his/her investment.

Secondary stakeholders can be described as being the employees of the business, whose incomes are dependant on the success of the business. Other secondary stakeholders would be anyone the business owes money to, such as suppliers.

Tertiary stakeholders would include the surrounding businesses and communities around the business who expect the business to carry itself out in a professional manner.

Stakeholders play a pivotal role in the way any business carries itself out, and any strategy a business implements must observe the stakeholders.

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(c)  Est 08/00 - Last Updated 28/05//2001