A direct or indirect stakeholder? Secondary stakeholders can influence, both positively and negatively, the actions of the organization. Creditors Individuals … While primary stakeholders are those most directly affected by a project or outcome, secondary stakeholders are also involved in the process or project. Primary. Though their role isn’t primary, they assist with administrative processes, financial, and legalities. Investors The owners of the firm such as stockholders. Primary stakeholders are the people or groups that stand to be directly affected, either positively or negatively, by an effort or the actions of an agency, institution, or organization. 3. 10. Communication between primary and secondary types of stakeholders will ensure that everyone is working toward the same goal. The results reveal a set of primary and secondary stakeholders that include some differences from current stakeholder theory. A stakeholder is a party that has an interest in a company and can either affect or be affected by the business. Summarize the primary and secondary ethical issues(s) involved. Identify primary and secondary internal and external stakeholders affected, describe their stakes in the issue, analyze the situation for effect on these stakeholders, and describe the issues and impact from the stakeholders’ views. Examples of a Primary Stakeholder. In some cases, there are primary stakeholders on both sides of the equation: a regulation that benefits one group may have a negative effect on another. A … Businesses often need to interact with press to make an important announcement or advertise their product. Every business needs media publication relationships to spread the word about their brand. Primary stakeholders directly affect the success and failure of the company. Secondary Stakeholders. The following are common types of primary stakeholder. Primary stakeholders benefit from a well-run company but are also harmed by the organization’s mishaps. A primary or secondary stakeholder? 4. Primary stakeholders are small groups compared to secondary stakeholders. A primary stakeholder is an individual or organization that bears the risks associated with the performance of a business. Media. Secondary stakeholders also help to complete the project. The Importance Of Stakeholders And Stakeholders For Getting A Domestic Shelter Opened Essay 2363 Words | 10 Pages. Direct. The primary stakeholders in a typical corporation are … Primary stakeholders are individuals or entities that benefit from or are directly impacted by the operations and activities of a business. . Both public and private companies -- and small and large businesses -- have stakeholders. Stakeholder theory or outcome, secondary stakeholders are those most directly affected by a project outcome! 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