Who are considered stakeholders in a business model?

Stakeholders in a business model encompass a wide range of individuals or groups who have an interest or investment in the success and performance of the business. This definition is broad and inclusive, capturing anyone who can affect or is affected by the business's actions, objectives, and policies.

Stakeholders typically include shareholders, customers, employees, suppliers, and even the community at large. Their varying interests can include financial, social, and ethical considerations, all of which can influence the business's strategic decisions and overall direction. Recognizing the diverse perspectives of stakeholders is essential for developing a sustainable and responsible business model.

Other choices focus too narrowly on specific groups, overlooking the comprehensive nature of stakeholder engagement, which is crucial for long-term success in any business setting.