Post, Preston, Sachs $(2002),$ use the following definition of the term "stakeholder": "A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees, government $($and its agencies$),$ owners $($shareholders$),$ suppliers, unions, and the community from which the business draws its resources.

Watch the video and look at the further detail in the instructions there. Start by differentiating Key Stakeholders from other stakeholders. Then address how you plan to manage communications with these Key Stakeholders, among other questions posed.