Stakeholder Interdependence

Question 1

Employee and manager

Answer 1

employees need the manager to run a successful business so the employee has a job in the future
however managers need employees to provide good customer service so customers return

Question 2

Owners and employees

Answer 2

owners need employees to complete their jobs to a high standard
however employees need owners to provide them with training so they have the ability to complete their jobs to a high standard

Question 3

Customers and employees

Answer 3

customers need employees to provide a high level of customer service
however employees need customers to use the business so they will continue to have a job

Question 4

Owners and local community

Answer 4

owners need local community to purchase goods form their business
however the local community need owners to provide jobs for the local community

Question 5

Owners and banks

Answer 5

owners need banks to provide them with loans to help them expand
however banks need owners to take out loans so they can make a profit

Question 6

Owners and suppliers

Answer 6

owners need suppliers to provide good quality raw materials on time
however suppliers need repeat business from owners so they can survive