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Who are the relevant stakeholders involved in the given situation?

Category: Business & Management Paper Type: Academic Writing Reference: CHICAGO Words: 120

            According to Schwartzman, Pinheiro, & Pillay (2015), an organization does have internal as well as external stakeholders and they both can affect or be affected by the decisions made by an organization. So, when an organization made any important business decision, they need to keep stakeholders in mind. In this situation of Plastic Packaging, there are two major stakeholders. The first major and most important stakeholder is employees, as they are being affected by this decision. The other major stakeholders are customers, as John thinks that their decrease in demand is asking for downsizing, which means that customers as external stakeholders making an effect on decision making.

References of stakeholders involved in the given situation

Schwartzman, Pinheiro, & Pillay (2015),

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