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Among these stakeholders are customers and suppliers, shareholders and creditors, managers and employees, as well as government and a variety of other special interest groups. More likely than not, the objectives of these different types of participants will be in conflict.
The main objective of every firm and its members is to make money and maximize the value. This goal is a little bit vague and may encompass various aspects and multi level concepts, so we will try to give a more accurate definition. The money making and value adding can occur through multiple ways such as maximization of market share, risk reduction, minimization of cost, steady growth perpetuation and of course profit maximization...
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