1.4 - stakeholders Flashcards

1
Q

dividends

A

the financial reward paid out to stakeholders each year

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2
Q

negotiation

A

when 2 sides discuss what they want and try to reach a solution

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3
Q

stakeholder

A

individuals and organisations that are affected by or affect the activities of a business

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4
Q

employee wants….-2

A

higher wages and secure jobs

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5
Q

owners want…-1

A

high dividends

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6
Q

suppliers want…-2

A

long contracts and to be paid on time

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7
Q

community wants…-1

A

responsible behaviour

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8
Q

customers want….-2

A

low prices and/or higher quality

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9
Q

government want…-2

A

legal behaviour and taxes paid

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10
Q

direct action

A

customers stop buying products from a business because they don’t like their behaviour

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