Who are considered internal stakeholders within an organization?

Prepare for the SQA Higher Business Management Exam. Enhance your skills with dynamic flashcards and practice questions. Explore hints and explanations to ace your exam!

Internal stakeholders are individuals or groups that are part of the organization and have a direct interest in its operations and performance. Employees and managers fall into this category because they are directly involved in the day-to-day activities and decision-making processes of the business. Employees contribute their skills and labor, while managers are responsible for overseeing teams and ensuring that organizational goals are met. Their interests often revolve around job security, career advancement, and the overall health of the organization, which directly affects their roles and contributions.

In contrast, the other groups mentioned in the options represent external stakeholders. Government officials and regulators, banks and suppliers, as well as customers and pressure groups, do not work within the organization itself. Instead, they have an interest in the organization but are independent from its internal workings.

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