Submitted by: Submitted by Thompson271970
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Category: Business and Industry
Date Submitted: 05/07/2012 09:52 AM
RUNNING HEAD: INTERNAL AND EXTERNAL STAKEHOLDERS 1
STAKEHOLDERS
Strayer University
William Thompson
CRJ499
4/16/2012
INTERNAL AND EXTERNAL STAKEHOLDERS 2
Internal Stakeholders include owners of the business, customers, suppliers, employees, and so forth. External stakeholders do not own or work with the business, but still have an interest in the business. In a business oriented term, stakeholders can be defined as organizations or individuals who stand to lose or gain from either the success or failure of a system. In this definition, the term system has been used to represent any form of business that a group of people or an individual can be engaged in.
Stakeholders can” be organizations, institutions, groups of people or individuals. Other terms that have been used in similar ways are interest groups and actors. Therefore, stakeholders are active and mostly interact with each other” (Martin, 2009). I believe external stakeholders have influenced prison violence. I believe private prisons owned by such companies such as correctional Corporation of America make...