business stakeholders

Created by

Arwa

Cards (15)

stakeholders-
all those groups with an interest in the success or failure of a business
stakeholders-

shareholders
employees
customers
managers
suppliers
local community
pressure groups
the government
shareholders objectives-
long term organic growth
short term share price
employees objectives-
security of a job
opportunities for career development
good pay
fringe benefits
customers objectives-
high quality consistently
honest and fair dealing
cool products
managers objectives-
security of employment
opportunities for career development
fringe benefits
suppliers objectives-
honest and fair dealing from company on prices and credit
good communication
strong organic growth for more demand
local community objectives-
honest and fair dealing on plan that affect local employment and environment
pressure groups objectives-

honest and fair dealing on plans that affect customers and the environments
they focus on business activity
the government objectives-
honest and fair dealings on tax arrangements, employment plans, and location plans
positive effects of business activity on stakeholders-

businesses that provide activities for small kids and parents brings people together
special restaurants that give people opportunity to eat in a way that suits their lifestyle or diet
shops that focus on organic produce giving an outlet to suppliers who produce this
negative effects of business activity on stakeholders-
 pollution of body caused by process foods prejudice from newspapers bad treatments of staff
how stakeholders impact business activity-

pressure groups that get popular can influence firms
gentle pressure prevents businesses from behaving outrageously
pressure groups -
 an organisation formed to put forward a particular viewpoint, e.g promoting organic farming
possible conflicts between stakeholder groups -
they will clash
shareholders want more dividends which means more profit which clashes with employees who want more pay since high pay reduces profit