Stakeholders Flashcards

1
Q

What is a stakeholder?

A

Any person or group of people who have interest in a business

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2
Q

Interests of owners and shareholders

A

Profit focus, lively hood, success and reputation

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3
Q

Interests of managers & employees

A

Fair wage/salary, good working conditions, job security, training + development and career progression

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4
Q

External stakeholders

A

Competitors, suppliers, consumers, financial institutions, trade unions and the local community

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