answersLogoWhite

0


Best Answer

Stakeholders bear risks of the organisation whereas customers do not bear risks.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between customers and stakeholder?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Difference between customer and stakeholder?

stakeholder customer


What is the difference between shareholder and stakeholder?

Shareholders own stock in a company whereas stakeholders are invested in the performance of company. Stakeholders can be employees or customers.


What are the Examples of a stakeholder?

A stakeholder is an individual or group of people who have an interest in a business. Some stakeholders are stockholders, employees, customers, the community or society in which the company operates, etc. Sometimes, even the government can be a stakeholder. Anyone that has a "stake" in the company is a stakeholder basically.


Which of these parties are considered when decisions are made utilizing stakeholder ethical theory?

All of these are considered utilizing stakeholder theory: Shareholders, Customers, and Employees.


How a stakeholder differs from a customer?

A stakeholder is a person or an organisation who has a 'stake' in the company. Shareholders are stakeholders. Other examples include: suppliers, banks and even government. Customers are usually considered as a kind of stakeholder.


What is the difference between shareholder wealth maximisation and stakeholder wealth maximisation?

Shareholder and stakeholder in a company are the investors and company assets holder respectively. So the wealth maximization in both cases is nothing but increase in the share value for shareholder and company profitability for stakeholder.


Who are the stakeholder of Hyundai?

Customers, employees, suppliers, owners, pressure groups, trdae unions and governments.


Why are customers a stakeholder?

Impact on Success: The satisfaction, loyalty, and purchasing decisions of customers directly influence a company's revenue and long-term success. Without customers, a business would not have any demand for its products or services. Feedback and Expectations: Customers provide valuable feedback that can drive innovation, product improvements, and service enhancements. Their needs and expectations help shape a company's offerings and strategies. Reputation and Trust: A company's reputation is largely built on customer satisfaction and trust. Happy customers are more likely to promote the business through word-of-mouth, reviews, and repeat business, which are crucial for growth. Economic Influence: Customers contribute to the financial health of a business. Their purchasing behavior, whether individual or in large quantities, affects a company's profitability and its ability to invest in new opportunities. Long-Term Relationship: Businesses aim to build long-term relationships with customers, which can ensure steady revenue streams. Customers who feel valued are more likely to stay loyal, recommend the business, and participate in long-term growth.


What is the difference between an internal and external?

It's supposedly to do with customers.


What is the difference between a stakeholder and a stockholder?

A stockholder is omeone who owns a company's stock or shares and has a financial gain interest which is one of several stakeholders.


Who are the stakeholder in American Airlines?

Employees, Customers, Investors, Competitors, Suppliers, Industry, Media, Government Regulators, Communities.


What is the difference between factoring and discounting invoice?

The difference between factoring and invoice discounting is how public the third party makes themselves to a companies customers. With factoring customers are likely to notice the third party, and invoice discounting will leave most customers unaware of a third party.