1.5.1 stakeholders Flashcards
stakeholders
groups and individuals who interact with the business and have a vested interest in its activities
owners
seek monetary returns and business growth
managers
want to be paid well and accumulate status
shareholders
anyone that has purchased shares in a public listed company, no matter how small their shareholding may be
- entitled to dividends (payments received based on how many shares owned)
employees
seek sufficient pay, safe working conditions and an enjoyable corporate environment
customers
seek a good quality product or service provided by the business at a fair price
suppliers
seek prompt and correct payment by the business
general community
- those that the business immediately impacts
- wider community that decisions (eg. waste disposal) will impact
general community
- those that the business immediately impacts
- wider community that decisions (eg. waste disposal) will impact