Who is a Stakeholder? Types of stakeholders

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What is a stakeholder? 

Stakeholder is a person or group of persons who hold shares in a company or a product. 

They have the capacity to impact the value of the product. Nevertheless, this could also be an individual who is affected by the product. The impact could be of two types – direct or indirect. 

What are the types of stakeholders? 

Stakeholders can be categorized into two types – Upstream and downstream. 

Upstream stakeholders can be referred to as a person or group that is associated with launching the product in the market. 

On the other hand, downstream stakeholders can be referred to as a person or group who give support to the product. 

Downstream stakeholders are often product sellers and consumers. 

It is crucial to be mindful of both types of stakeholders. 

FAQs

Q: What is a stakeholder?

A: A stakeholder is a person or group of persons who hold shares in a company or a product. They have the capacity to impact the value of the product. Stakeholders are classified into two types – upstream and downstream. 

Q: What are the 2 types of stakeholders? 

A: Stakeholders can be categorized into two types – Upstream and downstream. Upstream stakeholders can be referred to as a person or group that is associated with launching the product in the market. On the other hand, downstream stakeholders can be referred to as a person or group who give support to the product. 

Q: Why is a stakeholder important?

A: Stakeholders can be helpful in several ways. They can win the support of other investors, convince potential prospects to develop an interest in the product, have a media influence for the product launch, etc. Little to no support from the stakeholders can be harmful to the success of the product. 

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