Stakeholders
Teacher recommended
?- Created by: Lois Entwistle
- Created on: 25-04-13 19:38
Other questions in this quiz
2. How will customers be affected?
- Higher prices - fewer competitors, if they pass on any economies of scale
- there'll be less involved
- they'll need to invest money
3. How would suppliers be in a weaker position if a business expanded?
- they'll need to protect their interests
- Larger firms will want to supply them so it will be difficult to compete with their prices
- larger firms will want to supply them so they'll look good
4. Why would expanding be a disadvantage for employees?
- Feel less valued so they'll want to protect their interests by joining a trade union
- more investments will be made
- it will make them work slower
5. How would the local community be affected?
- Noise pollution, traffic, more jobs
- Noise pollution, more jobs, they'll get some of the profit
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