Locating the business Flashcards
1
Q
What is a stakeholder?
A
An individual or group with an interest in a business. Stakeholders include employees, management, shareholders, customers, etc.
2
Q
What is teleworking?
A
This is when a business is run from home, using technology to communicate with people at the office.
3
Q
Advantages of teleworking
A
Reduces cost
Reduces risks
Reduces travelling times
Family on hand to help
4
Q
Disadvantages of teleworking
A
Difficult to separate work from home
Loss of social contact
Hidden costs
