1.4 Stakeholders Flashcards

1
Q

The main stakeholders of a business

A
Employees
The government
Suppliers community
Customers
Shareholders
Community
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2
Q

Stakeholders

A

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

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3
Q

Dividends

A

the financial rewards paid out to shareholders each year.

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4
Q

Negotiation

A

occurs when two sides discuss what they want and try to reach a solution.

Employees may negotiate for better pay. Suppliers may demand better terms and conditions.

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