Stakeholders 5.0 / 5 based on 1 ratingTeacher recommended ? Business StudiesPeople in businessGCSEAQA Created by: Lois EntwistleCreated on: 25-04-13 19:38 How would an employee benefit from expansion? Greater job security 1 of 8 Why would expanding be a disadvantage for employees? Feel less valued so they'll want to protect their interests by joining a trade union 2 of 8 Why would a more profitable business help the government? They can collect more taxes, create more jobs 3 of 8 How would suppliers benefit from a business expanding? Increased sales means they would need to buy more off the supploer 4 of 8 How would suppliers be in a weaker position if a business expanded? Larger firms will want to supply them so it will be difficult to compete with their prices 5 of 8 How would the local community be affected? Noise pollution, traffic, more jobs 6 of 8 How will shareholders be affected? Increased profit, may have to invest more money, they'll have less power as there'll be more shares 7 of 8 How will customers be affected? Higher prices - fewer competitors, if they pass on any economies of scale 8 of 8
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