Stakeholders Flashcards

1
Q

Stakeholders

A

a group or individual that has vested interest in the business

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2
Q

shareholders

A

partial owners of the business

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3
Q

managment

A

they have the responsibility of running a successful business

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4
Q

unions

A

represent employees in the workplace that fight for better pay and working conditions

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5
Q

employees

A

workers of the organisation

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6
Q

customers

A

buyers of the products and/or services

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7
Q

suppliers

A

they provide the materials that will be used in the organisation’s production processes

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8
Q

CSR

A

the obligations to a business have above and beyond its legal responsibility to the wellbeing of it’s stakeholders, society and envrionment

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