Stakeholders

  • Created by: F.W1234
  • Created on: 24-11-17 18:13
Effect on government
The government will gain taxes but only if the business makes profits.
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Effect on the employess
Employees are interested in their job security and promotion prospects,these can happen if the business is profitable and growing. this may also lead to an increase in their wadges.
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Effects on suppliers
If the business is profitable and grows the business will need to buy more materials from the firm that supplies them raw materials.
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Effect on the local communities
What the business does may effect the local communities if the business emits noise and pollution. They may also gain form the new increase in job prospects.
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Effect on customers
They want high quality products at low prices. They also benefit if when the business objectives are in the customers satisfaction.
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Effects on the owners of the business
Depending on the productivity of the business and the success of the business the owners may make lots of money for them selves or they may fall into lots of debt.
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Effect on a bank.
Depending on the success of the business they may benefit by a business keeping lots of their profits with them or the business may be owing the bank a lot of money.
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Other cards in this set

Card 2

Front

Effect on the employess

Back

Employees are interested in their job security and promotion prospects,these can happen if the business is profitable and growing. this may also lead to an increase in their wadges.

Card 3

Front

Effects on suppliers

Back

Preview of the front of card 3

Card 4

Front

Effect on the local communities

Back

Preview of the front of card 4

Card 5

Front

Effect on customers

Back

Preview of the front of card 5
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