1.4 Stakeholders Flashcards
What is an employers objective?
Job Security and higher earnings
What is a managers objective?
Economic, social, human and organic
What is an owners objective?
High dividends and share price
What is a customers objective?
Useful, accurate information, on the product, good service and value for money
What is a suppliers objective?
Paid on time, kept informed of any changes to the business
What is the governments objective?
Legal behaviour, taxes paid, growth
What is the local communities objective?
Local jobs, minimise environmental impact on the community
What is a stakeholder?
A party that has interest in a company and can either affect or be affected by the business