stakeholders

Question 1

list 6 stakeholders of any business

Answer 1

Government,Employees,Customers,Suppliers,Creditors,Community,Trade unions,Owner,Investors

Question 2

explain why the local community is a stakeholder

Answer 2

the local community is a stakeholders because they use the business

Question 3

outline the objective of shareholders in a business

Answer 3

Government:taxation, VAT, legislation, employment, truthful reporting, legalities, externalities…
Employees:rates of pay, job security, compensation, respect, truthful communication, appreciation, acknowledgement, recognition.
Customers:value, quality, customer care, ethical products.
Suppliers:providers of products and services used in the end product for the customer, equitable business opportunities.
Creditors: credit score, new contracts, liquidity.
Community: jobs, involvement, environmental protection, shares, truthful communication.
Trade unions:quality, worker protection, jobs.
Owner(s):profitability, longevity, market share, market standing, succession planning, raising capital, growth, social goals.
Investors return on investment, income.

Question 4

what might workers objectives be

Answer 4

keep the business so they don’t lose there job

Question 5

how might 2 stakeholders objective contrast with one another?

Answer 5

owners and workers