University Stakeholders free essay sample

Who they are and why they are there. Temple University is the 26th largest university in the United States with more than 37,000 undergraduate, graduate, and professional students. Being originally founded in 1884 by Dr. Russell Conwell it is more than 100 years old and therefore has a well-established structure. Temple University, as any other organization, has many different parties that can affect or be affected by its actions. These parties are called stakeholders persons or interests that have a â€Å"stake†, something to gain or lose as a result of organization’s activities. In general, stakeholder is a person, group, organization, member or a system without whose support the organization cease to exist. Typical company’s stakeholders are government, employees, customers, suppliers, creditors, community, trade unions and owner(s). It is necessary to prioritize stakeholders into groups and develop different strategies for dealing with the various groups. There are multiple ways to categorize stakeholders. We will write a custom essay sample on University Stakeholders or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page One way distinguishes â€Å"primary† (market) and â€Å"secondary† (non-market) stakeholders. When we apply stakeholder’s concept to the Temple University we will recognize the following primary stakeholders:? studentsgrant agenciessuppliers university’s graduatessponsorsgovernments (local and regional) course applicantsother educational institutionspublic authorities employeesbusinessesthe public Even though individual stakeholders have different importance for the university they are all able to influence its prosperity and future existence to different extents. Even though individual stakeholders have different importance for the university they are all able to influence its prosperity and future existence to different extents. Even though individual stakeholders have different importance for the university they are all able to influence its prosperity and future existence to different extents. Even though individual stakeholders have different importance for the university they are all able to influence its prosperity and future existence to different extents.