Stakeholder Conflicts Flashcards
Employee and managers
employees would like a pay rise however managers would like to increase profits
employees would like overtime so they can earn additional wages however the managers wishes to cut costs and has withdrawn overtime
Owners and local community
owners are interested in making staff redundant to reduce staffing costs however the local community want the business to provide more jobs in the area
Owners and suppliers
owners have interest in shopping around for the best deals for their raw materials however suppliers would like customer loyalty
Government and manager
the government are interested in preserving local green space however managers want to build an extension to grow the business
Owners and banks
owners want to borrow money and pay back with low rate of interest however banks want to increase the rate of interest that you pay
Employees and customers
employees want a pay rise but customers want to pay reduced prices