1.4 Stakeholders Flashcards
1
Q
Who are the main stakeholders of a business?
A
Customers.
Employees.
Owners.
Suppliers.
2
Q
What are the typical objectives of an employee?
A
Secure jobs.
Higher earnings.
3
Q
What is a typical objective of an owner/shareholder?
A
High dividends.
4
Q
What are typical objectives of a local community?
A
Local jobs.
Minimise environmental impact on the community.
5
Q
What is a typical objective of a supplier?
A
Getting paid on time.
6
Q
What are the typical objectives of a government?
A
Legal behaviour.
Taxes paid.
7
Q
What are the typical objectives of a customer?
A
Good service.
Value for money.
Accurate and useful information on the product.
