1.4 Stakeholders Flashcards

1
Q

Internal stakeholders

A

Employees
Managers/ directors
Shareholders

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2
Q

External stakeholders

A
Customers
Suppliers
Pressure groups
Government
Competitors
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3
Q

Stakeholders

A

A person or organisation that has direct unrest in the business

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4
Q

What employees want

A

High wage/ salary and good working conditions

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5
Q

Managers and directors

A

Satisfy shareholders

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6
Q

Shareholders

A

Increase in share price and high dividend payments

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7
Q

Customers

A

Value for money and good after sales service

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8
Q

Suppliers

A

Paid on time

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9
Q

Government

A

Taxes paid and a creation of jobs within the community

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10
Q

Competitors

A

Bankruptcy of other businesses

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11
Q

Pressure groups

A

Ethical treatment of staff and environment

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