Who are the stakeholders (both locally and globally) when sm
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Who are the stakeholders (both locally and globally) when small businesses succeed and who loses out when they fail?
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The solution discusses who are the stakeholders (both locally and globally) when small businesses succeed and who loses out when they fail.
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When a small business succeeds, from a local standpoint, the main stakeholders include the customers, the owners of the business, and the community. The customers benefit from a successful, thriving business that is able to offer goods and services, and is able to begin establishing brand equity through their success. The owners reap the benefits of a successful business, and are generally the main stakeholder due to the risks involved to the owners of the company. The community is also a stakeholder for ...
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