Stakeholder Analysis

INTRODUCTION
Stakeholder concept is derived from general system theory that all living organisms system) interact with, and are affected from the environment. The major key for survival of the system is the ability to adapt to be responsive to the changing conditions in the environment. This concept seems to have emerged initially in the system analysis work on organisation conducted by researches at the Tavistock Institute in London (Mason and Mitroff, 1981:p.43). It is widely used in management science, political science, and public administration. …