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Unions as Stakeholders

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Consider unions as stakeholders. If an organization is not unionized, are they still stakeholders in that business? Why or why not? What does an organization generally do if there is unionization in nearby companies?

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This solution discusses unions and unionization in nearby companies. Stakeholders in non-union organizations is also discussed. A detailed solution is provided.

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If an organization is not unionized, are they still stakeholders in that business? Why or why not?

-- If an organization is not unionized, the union is definitely still a stakeholder in that business. By definition, a stakeholder is any person, party, or group that has any type of interest, concern, or stake in a business or other entity. Even though the business is not unionized, the actions and dealings of the business still affect the union. If the business starts to grow at an unprecedented rate, the nearby unions would be affected because the company would likely be increasing ...

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