stakeholder
Pronunciation: [ˈsteɪkˌhoʊldər]
Word
Context: “business”
(noun) a person or group that has an interest in a company or project. Stakeholders can be affected by what happens in that business, like employees, customers, or investors.
Example
The company held a meeting to discuss changes with all its stakeholders, ensuring everyone had a voice.
Example
The firm ignored the feedback from the stakeholders, which led to many unhappy customers.
Example
Who are the main stakeholders involved in this project?
Context: “social responsibility”
(noun) any person or organization that is directly or indirectly impacted by the activities and decisions made by a project or organization. This often includes community members or activists who care about the effects of the organization.
Example
The nonprofit organization involved many local stakeholders to make sure their work was helpful to the community.
Example
Without input from relevant stakeholders, the project failed to address important community needs.
Example
Can you identify all the stakeholders who might be affected by this decision?
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