stakeholders

Question 1

what is a stakeholder?

Answer 1

someone with an interest in a business as they can affect or be affected by it

Question 2

owner

Answer 2

if business is successful will receive more profit
these owners fund the business

Question 3

shareholders

Answer 3

interested in making a profit to increase dividends

Question 4

directors

Answer 4

want business to succeed to gain more of a salary

Question 5

employees

Answer 5

are interested in job security for wages they also are interested in receiving a good pay in good working conditions

Question 6

pressure groups

Answer 6

example: trade unions
its interest is for employees to be treated fairly with good pay and good working conditions

Question 7

managers

Answer 7

if business is succeeding means the business is making profit giving good salary and pay to employees

Question 8

lenders

Answer 8

they are interested in business success as lenders want to ensure the loan is repaid that they lent the business to get set up to get their money back

Question 9

community

Answer 9

it creates employment in the area but become concerned for noise and air pollution and lack of parking due to the business

Question 10

consumers

Answer 10

they are interested in quality , services , variety of products and getting a value for money so businesses need to provide their wants and needs

Question 11

producers

Answer 11

they secure contracts by building good relationships
they provide business with raw matierals or goods they may need