stakeholders Flashcards
1
Q
meaning of stakeholders
A
a person, group or organization that thas interest or concern in an organization.
2
Q
how can stakeholders affect or be affected?
A
by the organization’s actions, objectives and policies
3
Q
examples of stakeholders (internal )
A
managers, owners, employees
4
Q
examples of stakeholders (External )
A
customers, suppliers, government,Unions
5
Q
objectives of stakeholders
A
profit growth, share price growth, dividends
6
Q
Stakeholders conflict
A
given their different interests the business , it is inevitable that conflicts arise between stakeholders
7
Q
example of conflict
A
cut jobs to reduce costs -supported by shareholders banks -opposed by employees and local Community
