Stake holders and CSR

Question 1

CSR

Answer 1

Corporate Social Responsibility

• Flexible
• Wellbeing
• Ethical
• Environmental

Question 2

Owner/ Share holder

Answer 2

• Invests funds into business
• Return on their investment through profits, dividends or increase share price
• Create and maintain a positive impact on stakeholders

Question 3

Manager

Answer 3

• Coordinate employees and tasks
• Pay that matches responsibility
• Status and recognition for work achievement
• Opportunities for career

Question 4

Employee

Answer 4

• Complete a business’ work
• Fair pay/ work expectations
• Opportunity for professional development
• Long term job

Question 5

Customer

Answer 5

• Purchase and use of product/ service

- Product/ service that is of quality and value

Question 6

Supplier

Answer 6

• Provides material and resources
• Earn profit providing supplies
• Maintain/ increase revenue

Question 7

General Community

Answer 7

• Observe impact of business operations

- Business activities that improve community and environment

Question 8

Types of Stakeholders

Answer 8

• Internal (Owner/Shareholder, manager, Employees)

- External (Customers, supplier, General Community)