Stakeholders

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What is a stakeholder?
A person with a interest or concern in a business
1 of 10
What are the internal stakeholders of a business?
investors and employees
2 of 10
What are the external stakeholders of a business?
suppliers, customers, community
3 of 10
What are the objectives of shareholders?
A return on their investment
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What are the objectives of employees?
high wages, job satisfaction and security
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What are the objectives of customers?
quality and value for money
6 of 10
What are the objectives of the community?
more jobs, less social costs e.g. pollution, smaller businesses closing
7 of 10
what are the objectives of suppliers?
quick payments, regular orders
8 of 10
Who will cutting jobs be supported and opposed by?
supported by shareholders as costs will be reduced, opposed by employees and possibly customers
9 of 10
who will new machinery to replace manual work be supported and opposed by?
supported by customers as quicker service,
10 of 10

Other cards in this set

Card 2

Front

What are the internal stakeholders of a business?

Back

investors and employees

Card 3

Front

What are the external stakeholders of a business?

Back

Preview of the front of card 3

Card 4

Front

What are the objectives of shareholders?

Back

Preview of the front of card 4

Card 5

Front

What are the objectives of employees?

Back

Preview of the front of card 5
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