Stakeholders as Competitors
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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?
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The solution discusses stakeholders as competitors.
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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 ...
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