Shareholders Vs Stakeholders

Question 1

Stakeholders definition

Answer 1

Are those who have an interest in the business

Question 2

Internal stakeholders

Answer 2

Groups within a business that have an interest in its activities

Question 3

Internal stakeholders examples

Answer 3

> Employees
business owners
managers and directors

Question 4

External stakeholders

Answer 4

Groups outside the business with an interest in the business

Question 5

External stakeholders examples

Answer 5

>The government 
>suppliers
>creditors
>local community
>the environment
>shareholders

Question 6

Shareholders objectives

Answer 6

Maximise shareholder value

Question 7

Stakeholder influences

Answer 7

Taking into account the objectives of a wider range of stakeholders as-well as shareholders

Question 8

Shareholder influences

Answer 8

Focusing on just growth and profit when making business decisions

Question 9

Conflicts between stake and shareholders

Answer 9

> customers - conflict will happen as high prices
environment - conflict as business may ignore their effect on the environment
employees - they want higher wages which will impact profit conflicting w shareholders
government - conflict may happen if businesses break the law