Define: Stakeholder theory is built upon recognition of interdependence. It suggests that the corporation is constituted by the network of relationships which it is in with employees, customers, suppliers, communities, businesses and other groups who interact with and give meaning and definition to the corporation. Apply: Stakeholder theory seems to promote a more cooperative, caring type of relationship. Community Organizers should seek to make decisions that satisfy stakeholders, leading to situations where all parties involved in a relationship gain. Community organizers work with numerous stakeholders in different instances. All stakeholders should be addressed in some way so that all stakeholders or a majority of them will be happy with an outcome. Adapt: Health Care administrators make decisions that involve numerous stakeholders. Whether it be the patients, doctors, hospital staff or even the families of the patients the administrators should think about all the stakeholders involved. Stakeholder theory should force them to examine the effect of their decisions on others and make the best decision possible for all people involved.