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Business Studies Steve Emma Rudd BMA

Business Studies ­ Objectives and Strategies ­ Stakeholders

Who are the Stakeholders?
All business activity affects many groups in society. For example a decision to expand
a company may affect:
The employees, in terms of changes to their job.
The local community, in terms…

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Business Studies Steve Emma Rudd BMA

own needs. Firms take many decisions, which affect their stakeholders, e.g.

Stakeholders VS Shareholders
Some managers believe that the needs of stakeholders should not be considered.
These managers believe they should only pay attention to their owners ­ the
shareholders ­ and that…


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