1.4 Flashcards

1
Q

What is dividends

A

Dividends are the financial rewards paid out to shareholders each year.

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2
Q

What is negotiation

A

Negotiation occurs when two sides discuss what they want and try to reach a solution.

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3
Q

What Would a typical objective be for an employee and how can they influence a business

A

Employees typical objectives would be for job security and higher earnings and they can influence a business because of there increase or decrease in productivity.

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4
Q

Typical objective for owners and how they influence a business

A

A typical objective could be to become more profitable and they can make decisions about the activities of the business and provide funding to enable it to start up and grow.

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5
Q

Typical objectives for a manager and how do they influence a business.

A

Manager can maintain the quality standards necessary for the organisation. And they influence it by hiring or firing employees.

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6
Q

Typical objectives for customers and how they influence a business

A

A customers typical objective could be to attain goals or targets to ensure efficient interaction between customers and employees. And they might influence it by affecting how successful the business is.

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