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Stakeholders have the power to impose their will on a plan to implement an organizational structure and to bring fresh ideas that could be advantageous to the business. A stakeholder may also acquire control of organizational divisions like human resources in an effort to micromanage the business.

Stakeholder:

  • Anyone whose interests are impacted by the success or failure of a project or business venture is considered a stakeholder.  Stakeholders can be inside or outside the company funding the project, and they all have a vested stake in the project's success.
  • A stakeholder's primary duty is to contribute their knowledge and perspective to a project in order to help the business realize its strategic objectives.  Additionally, they can offer the resources and supplies needed.
  • Investors, employees, customers, suppliers, communities, governments, or trade groups are examples of typical stakeholders.
  • An entity's stakeholders may be internal or external to the business.

Learn more about stakeholder here brainly.com/question/15532995

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