stakeholders Flashcards
1
Q
shareholder interest and influence
A
- business being profitable
- invest or withdraw equity
2
Q
managers interest and influence
A
- business doing well in order to get promoted
- planning objective and making decisions
3
Q
employees interest and influence
A
- job security and higher pay
- increasing or decreasing productivity
4
Q
banks interest and influence
A
- loans paid in full and on time
- giving or denying loans
4
Q
customers interest and influence
A
- quality goods and services
- stay loyal to the business
5
Q
government interest and influence
A
- receiving corporation tax
- raising or lowering corporation tax
6
Q
suppliers interest and influence
A
- regular orders and prompt payment
- changing credit terms
7
Q
local community interest and influence
A
- bring jobs to the area
- protesting and petitioning
8
Q
conflicting interests of stakeholders
A
- shareholders want higher profits
- employees want higher wages