shareholders vs stakeholders Flashcards
1
Q
define stakeholder
A
- anyone who has an interest in the business or may be affected by the activities of the business
2
Q
define shareholder
A
- owns part of the business as they hold shares
- gives them voting rights
- also a stakeholder
3
Q
who are the internal stakeholders?
A
- within a business
- employees, managers, shareholders, trade unions
4
Q
who are external shareholders?
A
- outside of the business
- customers, suppliers, banks, local community, competitors, governments
5
Q
what is the main thing shareholders want?
A
dividends
- higher share price (profit)
6
Q
what is the main thing the local community wants?
A
- less congestion, pollution, nice visual appearance
