1.4 Flashcards
What is dividends
Dividends are the financial rewards paid out to shareholders each year.
What is negotiation
Negotiation occurs when two sides discuss what they want and try to reach a solution.
What Would a typical objective be for an employee and how can they influence a business
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.
Typical objective for owners and how they influence a business
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.
Typical objectives for a manager and how do they influence a business.
Manager can maintain the quality standards necessary for the organisation. And they influence it by hiring or firing employees.
Typical objectives for customers and how they influence a business
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.