Skip to main content

Business Finance Healthcare Finance: An Introduction to Accounting and Financial Management

The meaning of a stakeholder. Introduction: Stakeholders can be defined as an organization, group or person that has concern or interest in a business or an organization. Some of the primary stakeholders is community, unions, suppliers, owners, government agencies, employees, directors and creditors. Stakeholder can be an organization, group or an individual that impacts a business or get impacted by the results of a project run by the business. Stakeholders can exist outside or within an organization and possess an interest in the success of the project. Stakeholder can influence an organization in a negative or positive manner. It can be concluded that stakeholder stands to be the party that possess financial interest in a business. The policies, objectives and action of the business affect its stakeholders.

The meaning of a stakeholder. Introduction: Stakeholders can be defined as an organization, group or person that has concern or interest in a business or an organization. Some of the primary stakeholders is community, unions, suppliers, owners, government agencies, employees, directors and creditors. Stakeholder can be an organization, group or an individual that impacts a business or get impacted by the results of a project run by the business. Stakeholders can exist outside or within an organization and possess an interest in the success of the project. Stakeholder can influence an organization in a negative or positive manner. It can be concluded that stakeholder stands to be the party that possess financial interest in a business. The policies, objectives and action of the business affect its stakeholders.

Solution Summary: The author defines stakeholder as an organization, group or person that has concern or interest in a business or organization.

Healthcare Finance: An Introduction to Accounting and Financial Management

Healthcare Finance: An Introduction to Accounting and Financial Management

6th Edition

ISBN: 9781567937411

Author: Louis C. Gapenski, Kristin L. Reiter

Publisher: Health Administration Press

See similar textbooks

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

Blurred answer

Chapter 3, Problem 1.2STQ

Chapter 3, Problem 2.2STQ

Students have asked these similar questions

What is pooling of interests and when can it be used?

. What is the economic and political environment in which standard setting occurs?

What is positional bargaining

Chapter 3 Solutions

Healthcare Finance: An Introduction to Accounting and Financial Management

Ch. 3 - Prob. 1.1STQ Ch. 3 - Prob. 1.2STQ Ch. 3 - Prob. 2.1STQ Ch. 3 - Prob. 2.2STQ Ch. 3 - Prob. 2.3STQ Ch. 3 - Prob. 3.1STQ Ch. 3 - Prob. 3.2STQ Ch. 3 - Prob. 3.3STQ Ch. 3 - Prob. 3.4STQ Ch. 3 - Prob. 3.5STQ

Ch. 3 - Prob. 4.1STQ Ch. 3 - Prob. 4.2STQ Ch. 3 - Prob. 4.3STQ Ch. 3 - Prob. 5.1STQ Ch. 3 - Prob. 5.2STQ Ch. 3 - Prob. 5.3STQ Ch. 3 - Prob. 6.1STQ Ch. 3 - Prob. 6.2STQ Ch. 3 - Prob. 7.1STQ Ch. 3 - Prob. 7.2STQ Ch. 3 - Prob. 7.3STQ Ch. 3 - Prob. 8.1STQ Ch. 3 - Prob. 8.2STQ Ch. 3 - Prob. 8.3STQ Ch. 3 - Prob. 8.4STQ Ch. 3 - Prob. 9.1STQ Ch. 3 - Prob. 9.2STQ Ch. 3 - Prob. 9.3STQ Ch. 3 - Prob. 10.1STQ Ch. 3 - Prob. 10.2STQ Ch. 3 - Prob. 11.1STQ Ch. 3 - Prob. 11.2STQ Ch. 3 - Prob. 12.1STQ Ch. 3 - Prob. 12.2STQ Ch. 3 - Prob. 12.3STQ Ch. 3 - Prob. 13.1STQ Ch. 3 - Prob. 13.2STQ Ch. 3 - Prob. 13.3STQ Ch. 3 - Prob. 13.4STQ Ch. 3 - Prob. 14.1STQ Ch. 3 - Prob. 14.2STQ Ch. 3 - Prob. 14.3STQ Ch. 3 - Prob. 15.1STQ Ch. 3 - Prob. 15.2STQ Ch. 3 - Prob. 16.1STQ Ch. 3 - Prob. 16.2STQ Ch. 3 - Prob. 3.1Q Ch. 3 - Prob. 3.2Q Ch. 3 - Prob. 3.3Q Ch. 3 - Prob. 3.4Q Ch. 3 - Prob. 3.5Q Ch. 3 - Prob. 3.6Q Ch. 3 - Prob. 3.7Q Ch. 3 - Prob. 3.8Q Ch. 3 - Prob. 3.9Q Ch. 3 - Prob. 3.1P Ch. 3 - Prob. 3.2P Ch. 3 - Prob. 3.3P Ch. 3 - Prob. 3.4P Ch. 3 - Prob. 3.5P Ch. 3 - Prob. 3.6P Ch. 3 - Prob. 3.7P Ch. 3 - Prob. 3.8P Ch. 3 - Prob. 3.9P

Knowledge Booster

Background pattern image

Similar questions

Recommended textbooks for you

Business/Professional Ethics Directors/Executives...
Accounting
ISBN:9781337485913
Author:BROOKS
Publisher:Cengage
International Financial Management
Finance
ISBN:9780357130698
Author:Madura
Publisher:Cengage
Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,
Cornerstones of Cost Management (Cornerstones Ser...
Accounting
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Cengage Learning
Entrepreneurial Finance
Finance
ISBN:9781337635653
Author:Leach
Publisher:Cengage
Managerial Accounting: The Cornerstone of Busines...
Accounting
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Cengage Learning

Text book image

Business/Professional Ethics Directors/Executives...

Accounting

ISBN:9781337485913

Author:BROOKS

Publisher:Cengage

Text book image

International Financial Management

Finance

ISBN:9780357130698

Author:Madura

Publisher:Cengage

Text book image

Accounting Information Systems

Accounting

ISBN:9781337619202

Author:Hall, James A.

Publisher:Cengage Learning,

Text book image

Cornerstones of Cost Management (Cornerstones Ser...

Accounting

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Cengage Learning

Text book image

Entrepreneurial Finance

Finance

ISBN:9781337635653

Author:Leach

Publisher:Cengage

Text book image

Managerial Accounting: The Cornerstone of Busines...

Accounting

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Cengage Learning

SEE MORE TEXTBOOKS