5.2 How stakeholders can influence business behaviour Flashcards
What actions can employees take to alter business behaviours?
Refuse to work overtime
Work to rule
Strike action
What actions can trade unions take to alter business behaviours?
Call a strike
What actions can customers take to alter business behaviours?
Boycott the business
Vent anger on social media
Write bad reviews
What actions can pressure groups take to alter business behaviours?
Hold a protest
What actions can suppliers take to alter business behaviours?
Refuse to supply the business
What actions can local residents take to alter business behaviours?
Complain to local press
What actions can local councils take to alter business behaviours?
Withold planning permissions/closure penalties
What actions can the central government take to alter business behaviours?
Fine the business
What actions can shareholders take to alter business behaviours?
Call an extraordinary meeting
Removing directors at the AGM