Stakeholders are individuals or groups that have an interest in a particular project or organization. They can include employees, customers, investors, and suppliers, all of whom can affect or be affected by the outcomes of decisions made. For example, a company must consider its customers' needs when launching a new product, as their satisfaction directly impacts sales. In addition to these groups, community members and government agencies can also be stakeholders. Their involvement is crucial, especially when a project may impact the local environment or economy. Understanding the perspectives of all stakeholders helps ensure that decisions are balanced and beneficial for everyone involved.