- Created by: daytime.dreams
- Created on: 13-03-19 19:53
1.4.15 - Main stakeholders
A stakeholder is
an individual or organization that affects and is affected by an organization.
Decisions made by owners are influenced by stakeholders
Shareholders/Owners - Maximise profits, high dividends, high share price.
Employees - Secure jobs, higher earnings, promotion opportunities.
Suppliers - Paid on time, told about changes quickly.
Community - Responsible business. Recycle, noise reduction.
Customers - Useful for information, Good service, value for money, if important can dictate to owners.
Government - Tax, legal behavior.
1.4.17 - Impact on stakeholders