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Notes

Relationships Between Stakeholders

Peter Walsh Business Studies Leaving Certificate English 4 pages

Stakeholders work together towards a common goal. This helps to ensure better results than if both stakeholders worked…

Content of the notes (4)

Page 1

Co-Operative Relationship

Stakeholders work together towards a common goal.

This helps to ensure better results than if both stakeholders worked independently or against each other

This creates a win-win scenario for both parties

Stakeholders work together towards a common goal. This helps to ensure better results than if both stakeholders worked…

Page 2

Competitive

Stakeholders work towards different goals

Each stakeholder wants to achieve a particular objective at the expense of the other

A competitive relationship creates a win-lose scenario between parties

Stakeholders work towards different goals Each stakeholder wants to achieve a particular objective at the expense of the…

Page 3

Dependent

The stakeholders need each other for success

One stakeholder is not able to achieve their goals without the help of another stakeholder

The stakeholders need each other for success One stakeholder is not able to achieve their goals without the help of another…

Page 4

Dynamic

The relationship between the stakeholders is constantly changing

At times the relationship can be co-operative or dependent

Other times it is competitive

The relationship between the stakeholders is constantly changing At times the relationship can be co-operative or dependent…

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Leaving Certificate Business Studies Note on Relationships Between Stakeholders, created by Peter Walsh on 10/10/2020.
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Peter Walsh
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