Stakeholders Flashcards
1
Q
Stakeholders
A
a group or individual that has vested interest in the business
2
Q
shareholders
A
partial owners of the business
3
Q
managment
A
they have the responsibility of running a successful business
4
Q
unions
A
represent employees in the workplace that fight for better pay and working conditions
5
Q
employees
A
workers of the organisation
6
Q
customers
A
buyers of the products and/or services
7
Q
suppliers
A
they provide the materials that will be used in the organisation’s production processes
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