8) Stakeholders

Question 1

Shareholder stakeholders

Answer 1

Shareholders have bought shares in the public limited company and they want a good return on the money they have invested through the payment of dividends and they wan to see the value of their shares rise

Question 2

Employees stakeholders

Answer 2

Employees want job security, to be paid fair wages and to be part of a successful business

Can take industrial action if unhappy

Question 3

Managers stakeholders

Answer 3

If the business is doing well they could get a bonus but if it’s not they could be sacked

Decide on staffing levels and new products

Question 4

Suppliers stakeholders

Answer 4

Suppliers need to be guaranteed that the company has the ability to pay them back on credit

Can change prices etc at short notice

Question 5

Customers stakeholders

Answer 5

Want a quality product or service at a reasonable and affordable price

If unhappy can go elsewhere

Question 6

Central government stakeholders

Answer 6

Needs to know how successful the business is so they can receive the right taxes

Question 7

Banks stakeholders

Answer 7

Need to make sure that the organisation will be able to pay back loans

Question 8

Local community stakeholders

Answer 8

Want business to do well so it can provide employment in the area
Ensure business doesn’t create pollution or traffic

Question 9

Owners stakeholders

Answer 9

The owners have invested their own money, time and effort in the business.
They want it to thrive and grow and make a profit