Stakeholders

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1. How would suppliers benefit from a business expanding?

  • It will create more jobs
  • Increased sales means they would need to buy more off the supploer
  • They can charge more
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2. How will customers be affected?

  • they'll need to invest money
  • Higher prices - fewer competitors, if they pass on any economies of scale
  • there'll be less involved

3. How will shareholders be affected?

  • Less profit
  • Increased profit, may have to invest more money, they'll have less power as there'll be more shares
  • they'll have more power as there'll be less shares available

4. How would the local community be affected?

  • Noise pollution, traffic, more jobs
  • Noise pollution, more jobs, they'll get some of the profit

5. Why would expanding be a disadvantage for employees?

  • it will make them work slower
  • Feel less valued so they'll want to protect their interests by joining a trade union
  • more investments will be made

Comments

davidsalter

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A very good set of revision questions that can be used as a quick break from reading and to test understanding so far.

honey_.

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nice one m8

honey_.

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nice one m8

honey_.

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nice one m8

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