Asked by: Yajing Uttenthaler
asked in category: General Last Updated: 20th May, 2020

What is a downstream stakeholder?

Stakeholders are individuals (or groups) that can either impact the success and execution of a product or are impacted by a product. The second “downstream” batch includes both those who purchase or use the product, as well as those who must support, sell, and market it.

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Subsequently, one may also ask, what are the four types of stakeholders?

Types of Stakeholders

  • #1 Customers. Stake: Product/service quality and value.
  • #2 Employees. Stake: Employment income and safety.
  • #3 Investors. Stake: Financial returns.
  • #4 Suppliers and Vendors. Stake: Revenues and safety.
  • #5 Communities. Stake: Health, safety, economic development.
  • #6 Governments. Stake: Taxes and GDP.

Secondly, who are the stakeholders in procurement? Key internal stakeholders in procurement and plans and activities include: senior management; procurement managers; and the managers and staff of other functions or units of the organisation whose work and goals interact with those of the procurement or supply chain function.

Herein, what is an upstream stakeholder?

Upstream stakeholders comprise the paying customer and end users of the product/service. Downstream supply chain stakeholders include suppliers and sub-contractors.

What is a stakeholder in simple terms?

Definition of a Stakeholder A stakeholder is any person, organization, social group, or society at large that has a stake in the business. Thus, stakeholders can be internal or external to the business. A stake is a vital interest in the business or its activities. Be both affected by a business and affect a business.

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