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Notes

Relationships Between Stakeholders

Peter Walsh Business Studies Leaving Certificate English 4 pages

Relationships Between Stakeholders

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

Relationships Between Stakeholders

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

Relationships Between Stakeholders

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

Relationships Between Stakeholders

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

Relationships Between Stakeholders

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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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