10. Stakeholder groups and their interests Flashcards
1
Q
What is a stakeholder?
A
An individual or group that has a direct interest or may be affected by a business organisation
2
Q
Staff
A
Wages
2
Q
Owners
A
Profit
2
Q
Customers
A
Product range
3
Q
Creditors (people a business owes)
A
Repay debts for goods supplied
3
Q
Lenders
A
Repay long term debts
4
Q
Suppliers
A
Secure future orders
5
Q
Local communities
A
Secure jobs
6
Q
Government
A
Taxes
