How is a "stakeholder" best characterized?

A stakeholder is best characterized as persons and organizations affected by the development and use of the system. This definition highlights the broad range of individuals and groups who have a vested interest in the project and its outcomes. It includes not only those who will use the system but also those impacted by its implementation, such as customers, clients, project sponsors, and even regulatory bodies.

Understanding the concept of stakeholders is essential in any project management or systems development context, as their needs and feedback can significantly influence project requirements, design choices, and overall success. Recognizing and engaging with stakeholders ensures that the development process is aligned with the expectations and requirements of those it directly impacts, which is critical for user acceptance and satisfaction.