Product Market Stakeholders

Subdecks (3)

Cards (12)

  • Some might think that product market stakeholders share few common
    interests but all four groups can benefit as firms engage in competitive battles.
  • customers, suppliers, host communities, unions benefit all together because
    marketplace competition may result in lower product prices being charged to a firm’s customers and higher prices being paid to its suppliers (the firm might be willing to pay higher supplier prices to ensure delivery of the types of goods and services that are linked with its competitive success)