Learning Objectives Describe the concept of stakeholders and identify the stakeholder groups relevant to an organization Discuss and be able to apply the PESTEL macro-business-environment model to an ...Learning Objectives Describe the concept of stakeholders and identify the stakeholder groups relevant to an organization Discuss and be able to apply the PESTEL macro-business-environment model to an industry or emerging technology Explain other key terms related to this chapter including: entrepreneur; profit; revenue.