A-level Business Studies Lesson 10 (3.2.3)

Question 1

Stakeholder

Answer 1

An individual or group or other institution with a direct interest
in the activities and performance of an organisation or in a
project to be undertaken by that organisation.

Question 2

Pressure groups

Answer 2

Organisations formed by people with a common interest or
shared goal, who join together to further their interests or
achieve their goals by putting pressure on the general public,
governments or businesses. Examples include Friends of the
Earth, Just Stop Oil, and Greenpeace.

Question 3

Stakeholder mapping

Answer 3

A framework or matrix used to help analyse stakeholder power
and interest and to help manage stakeholders’ conflicting
needs and objectives.