Stakeholders Flashcards

1
Q

Conflict between managers and customers

A

Managers want high profits

Customers want best quality for cheapest price

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2
Q

Conflict between managers and employees

A

Managers want to close a branch to save on staff wages

Employees want to keep their jobs

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3
Q

Conflict between customers and shareholders

A

Customers want good quality st a good price

Shareholders want reduced costs and higher dividends

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4
Q

Conflict between managers and local communities

A

Managers want high sales and expansion of operations

Local community and to protect their local environment

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5
Q

Conflict between management and suppliers

A

Management want discounts for bulk buying and good credit

Suppliers want prompt payment at high prices

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6
Q

Interdependence between managers and employees

A

Managers want employees to operate the business

Employeees need managers to provide secure jobs

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7
Q

Interdependence between suppliers and managers

A

Suppliers need managers to buy their stock

Managers need suppliers to provide good quality stock on time

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8
Q

Interdependence between customers and employees

A

Customers need good quality service from employees

Employees need customers to buy so they have job security

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9
Q

Interdependence between employees and managers

A

Employees need managers to pay wages and give them training

Managers need employees to give food customer service

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10
Q

Interdependence beteeen government and managers

A

Government need jobs provided so businesses pay tax

Managers need government to ensure it can continue trading

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