Explore BrainMass

Explore BrainMass

    Stakeholders as Competitors

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    It is hard to believe a competitor is a stakeholder. Isn't the goal of competition to win and perhaps even dominate the market? If so, how can a company have an interest in the on going health of their competitors (except to beat them?) How is a competitor a stakeholder?

    © BrainMass Inc. brainmass.com June 4, 2020, 2:57 am ad1c9bdddf

    Solution Preview

    A stakeholder is anyone who has an interest in a company or product and how it affects them. This interest can be direct or indirect. Therefore competitors would be a stakeholder simply by having an interest in the success or failure of a company. Competitors can be companies with products that are the same or substitutes for a product (makeup foundation can ...

    Solution Summary

    The solution discusses stakeholders as competitors.