Stakeholders Flashcards

1
Q

What is a stakeholder

A

Any person/group who has an interest in the success of a business

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2
Q

Owner/shareholder

A

Internal stakeholder
Wants profits for returns on investments

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3
Q

Employees

A

Internal
Wants good wages, Jon security and good working conditions

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4
Q

Managers

A

Internal
Wants to earn bonuses and have a good status

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5
Q

Customers

A

External
Good quality products and services at a reasonable price.

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6
Q

Bank

A

External
Wants profits to repay loans

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7
Q

Suppliers

A

External
Wants Continued orders
Payment for goods supplied on trade credit

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8
Q

Government

A

External
Wants taxes to be payed and laws to be followed

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9
Q

Local community

A

External
Wants businesses to provide jobs
Treat the environment well and sponsor and invest in local teams.

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