A shareholder has direct control and voting power in a company. A stakeholder is affected by the company's actions but does not have direct control. This framework helps understand different levels of influence.
By Pawan Nayar · from the LLOS AI Learning record
A shareholder has direct control and voting power in a company.
A stakeholder is affected by the company's actions but does not have direct control. This framework helps understand different levels of influence.
A shareholder owns part of a company. A shareholder can vote on important company decisions. A stakeholder is any person or group affected by a company's actions. A stakeholder does not own part of the company. A stakeholder does not have direct control over decisions.
A developer is building a new software product. The company's owner is a shareholder. The owner decides the product's main features. The users of the software are stakeholders. The users are affected by the product's quality. The users do not decide the features.
Resolved from this lesson's own record — real definitions, not invented for this page.
More from the same record, pulled by shared topic — not written new for this page.
When a developer offers choices for a project, the developer must explain what each choice includes. This means describing what is new, what is reused, and what is uncertain.
A developer should run all parts of an approved plan one after another. Do not ask for approval between each small step.
A project often has many ideas for what to build first. These ideas come from different parts of the project plan.
A developer should include a version number and date. The developer must define the scope of the work.
A shareholder has direct control and voting power in a company. A stakeholder is affected by the company's actions but does not have direct control. This framework helps understand different levels of influence.