5.4 Consequences to a business of not listening to its stakeholders

Question 1

Consequences of not listening to stakeholders?

Answer 1

May not be able to achieve business objectives
Reduced output
Falling share price
Increased staff absence
loss of customers
Reduces sales revenue
Employees may quit their job
Negative impact on business growth
Weaker cash flow position
Bad publicity
Loss of market share
Demotivated staff
Poor reputation
Loss of profit
Fewer investors