List and explain the stakeholder categories ?

1. Internal stakeholders: These are individuals or groups within the organization who have a direct interest in the organization's activities and outcomes. This includes employees, managers, shareholders, and board members.

2. External stakeholders: These are individuals or groups outside the organization who are affected by or can affect the organization's activities and outcomes. This includes customers, suppliers, government agencies, regulatory bodies, and the local community.

3. Primary stakeholders: These are individuals or groups who are directly affected by the organization's actions and decisions. This includes employees, customers, suppliers, and shareholders.

4. Secondary stakeholders: These are individuals or groups who are indirectly affected by the organization's actions and decisions. This includes the local community, government agencies, and advocacy groups.

5. Key stakeholders: These are individuals or groups who have a significant impact on the organization's success or failure. This includes key customers, major suppliers, and influential shareholders.

6. Marginal stakeholders: These are individuals or groups who have a minimal impact on the organization's success or failure. This includes minor suppliers, casual customers, and non-influential shareholders.

7. Connected stakeholders: These are individuals or groups who are connected to the organization through relationships or partnerships. This includes business partners, joint venture partners, and strategic alliances.

1. Internal Stakeholders

- Employees: Employees are directly affected by the organization's decisions and have a vested interest in its success. They are concerned with job security, compensation, benefits, and working conditions.
- Management: Management is responsible for making decisions that affect the organization and its stakeholders. They are concerned with profitability, efficiency, and compliance with laws and regulations.
- Owners/Shareholders: Owners and shareholders are the owners of the organization and have a financial stake in its success. They are concerned with maximizing shareholder value.

2. External Stakeholders

- Customers: Customers are the primary consumers of the organization's products or services. They are concerned with quality, price, availability, and customer service.
- Suppliers: Suppliers provide the organization with the goods and services necessary for it to operate. They are concerned with cost, quality, and reliability.
- Creditors: Creditors are financial institutions that lend money to the organization. They are concerned with the organization's ability to repay its debts.
- Government: Government agencies regulate the organization's activities and have a stake in its compliance with laws and regulations.
- Community: The community in which the organization operates has a stake in its environmental impact, employment practices, and corporate responsibility.

3. Indirect Stakeholders

- Competitors: Competitors are other organizations that offer similar products or services to the organization. They are concerned with the organization's market share and profitability.
- Environmental Groups: Environmental groups are concerned with the organization's impact on the environment.
- Labor Unions: Labor unions represent the interests of workers and are concerned with their working conditions, wages, and benefits.