Public Sector - owned and controlled by the government, Private sector - owned and controlled by private individuals, Voluntary sector - independent of government, value driven and not run for financial gain, Stakeholder - have an interest in a business, and can either affect or be affected by a business., Primary stakeholder - vital to the business and its continued existence, Secondary stakeholder - those who may affect relationships with primary stakeholder, Internal Stakeholder - Are groups inside a business eg owners and employees., External Stakeholders - Groups outside a business – e.g. the community or suppliers,

Refresher Unit 1 #2

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