Corporate influences

Question 1

What are corporate timescales?

Answer 1

When a business expects to gain returns on investment, as well as how far into the future, the set strategies for

Question 2

what can corporate timescales be useful?

Answer 2

Use by a business affect the relative importance, then managers place onto short-term and long-term strategic decisions

Question 3

What can firms do/make

Answer 3

Firms make tactical (short-term) and strategic (long-term) decisions

These decisions have to be made a lot of firm meet its, objectives and overall aims

Question 4

What are stakeholders?

Answer 4

Everyone who is affected by business is called a stakeholder new.

Each group of stakeholders has their own objectives, things that they want to achieve.

Question 5

There are two types of stakeholders, internal and external

Answer 5

Internal stakeholders are people inside of business.
the owners are most important stakeholders. They make a profit of the business if successful, decide what happens to the business

Shareholder is anyone who owns at least one share in a limited company
in a ltd shares are usually bought by friends or family
they have the right to receive dividends. businesses want them to have high dividends and high share price

• External stakeholders are people outside the business who are affected by it
• main objectives are to get high quality products at low prices