Business In The Real World Flashcards
1
Q
What is a stakeholder
A
A stakeholder is any person that has an interest in the activities of a business
2
Q
What is the difference between an internal and an external stakeholder
A
Internal stakeholders work within a business, either making decisions or carrying them out.
External stakeholders do not work within a business but are affected by its activities.
3
Q
What are the eight different stakeholders
A
. Shareholders and owners
. Managers
. Employees
. Customers
. Suppliers
. Local community
. Pressure groups
. Government
