1.5.1 stakeholders Flashcards

1
Q

stakeholders

A

groups and individuals who interact with the business and have a vested interest in its activities

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2
Q

owners

A

seek monetary returns and business growth

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3
Q

managers

A

want to be paid well and accumulate status

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4
Q

shareholders

A

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)

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5
Q

employees

A

seek sufficient pay, safe working conditions and an enjoyable corporate environment

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6
Q

customers

A

seek a good quality product or service provided by the business at a fair price

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7
Q

suppliers

A

seek prompt and correct payment by the business

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8
Q

general community

A
  • those that the business immediately impacts
  • wider community that decisions (eg. waste disposal) will impact
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8
Q

general community

A
  • those that the business immediately impacts
  • wider community that decisions (eg. waste disposal) will impact
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