stakeholders in a business Flashcards
what are stakeholders
groups or individuals who have an interest in the business
what’s an external stakeholder
the local community suppliers customers and government
what is a internal stakeholders
the business owners and the people who work in the business
what is a owners role in a business
what are there objectives
to provide a finance to start up and expand the business
there objectives are to make profit
what is the employees role in a business
what is the employees objectives
produce goods and service
objectives are to satisfaction of having and job and easing an income
what is the role of a customer
what is the customers objectives
the role is to buy good and service
the objective is to enjoy the benefits provided by goods and services and pay affordable prices
what is the role of the government
what is the governments objectives
the role is to help business and workers and communities
there objectives are to encourage businesses as this leads to high employment and prosperous communities
what is the role of a supplier in a business
ans what is the objectives of a supplier
the role is to sell goods for resale or components and materials needed to manufacture goods or provide a service
there objectives are to make sale and earn profit
what is the role of local community
what is the local community objectives
there fold is to provide workers and monitor and influence business activity
there objectives is to have a local area which is prosperous healthy and safe