Digital publication | Page 26

BooHoo

&

John Lewis

Stakeholders

Stakeholders are any people or organisation whom are directly affected by the level of success of a business. All companies have many stakeholders, however they

retailers however they share the same stakeholders: the owner, managers, employees, the government, suppliers, creditors, shareholders, trade unions and their

As well as this a stakeholder cannot survive without receiving positive benefits from the company it is working with

three of the most prominent stakeholders; suppliers, customers and employees and compare how John Lewis and ourselves affect them.

all have different aims within a company. This means the company's activity affects each stakeholder in a different way. Boohoo and John Lewis are both completely different

customers. One of retailer’s main challenges can be to keep all their stakeholders happy. This is so important businesses cannot survive without contributions and help from all of its stakeholders.

company it is working with. In the article on the right hand page I will be discussing three of the most prominent