The stakeholder
Example: Stakeholder has interest in business outcomes and decisions
Definition
"The stakeholder" refers to an individual or group that has an interest in the outcomes and decisions of a business, often because they are affected by or can affect the company's actions and performance. Stakeholders can include employees, customers, investors, and suppliers.
Etymology
The term "the stakeholder" originates from the idea of holding a stake, or interest, in something. It was first used in business contexts in the 20th century to describe parties invested in a company’s success or failure. Did you know? The word "stake" originally referred to a physical post or stick, symbolizing a claim or interest.
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"The stakeholder" appears in the Vocaplus list "English - Entrepreneurship - (A1-C2) - set 1", containing 110 commonly used words.
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