What is Stakeholder?

A definition of Stakeholder

“A stakeholder is an individual or group with an interest in a company’s activities, including employees, customers, shareholders, suppliers, and the community.”

Stakeholder in Business Glossary - What is a Stakeholder?

Business Glossary > What is Stakeholder?


Examples of Stakeholder in a Sentence:

The company consulted with its stakeholders before making the decision.

Stakeholders play a crucial role in the success of a business.

Effective communication with stakeholders is vital for project success.

Why is Stakeholder Important in Business?

Understanding stakeholders is essential for a business to identify who impacts or is impacted by its operations. Engaging with stakeholders helps businesses address concerns, gain support, and ensure long-term success.

Know Your Niche Inside Out by Tomorrow: Learn everything you need to know about a niche from a report rushed to you in 24 hours, (or spend the next 3 weeks researching).

Associated Terms

Here are some associated business terms and synonyms for “Stakeholder”:

  • Interested Party
  • Shareholder
  • Beneficiary

Apple Stakeholder Engagement

Apple engages with its stakeholders, including suppliers and customers, to ensure ethical sourcing and enhance product innovation. This engagement supports Apple’s reputation and market leadership.

Final Notes on Stakeholder

When businesses consider their stakeholders, it is important to identify their influence and interests. Engaging stakeholders through transparent communication can lead to improved trust and business outcomes.


This has been a definition of Stakeholder meaning.

Explore more from our Business Term Glossary for Entrepreneurs