Stakeholders Flashcards
(10 cards)
Who are the primary stakeholders interested in financial return?
Investors
Investors seek a financial return on their investments in a company.
What do employees primarily seek from their employment?
Employment income and safety
Employees prioritize their income and job security.
What is the main concern of customers regarding products or services?
Product/service quality and value
Customers expect high-quality products and good value for their money.
What do suppliers want in relation to their partnership with a company?
Stake in revenues and safety
Suppliers are concerned about their share of revenue and the safety of their transactions.
What do governments expect from businesses in terms of economic contribution?
Taxes and GDP
Governments rely on businesses for tax revenues and to contribute to the national GDP.
What do communities seek from businesses?
Health, safety, and economic development
Communities are focused on overall well-being and economic growth.
What do owners want from their investments in a company?
Income, equity, and capital
Owners expect to earn income and increase their equity and capital through their investments.
What do pressure groups advocate for in relation to companies?
Environmental responsibility
Pressure groups often seek to influence companies to adopt more environmentally friendly practices.
Who are considered internal stakeholders?
Employees, managers, board members, donors, investors, owners
Internal stakeholders are individuals or groups within the organization.
Who are considered external stakeholders?
Customers, suppliers, government agencies, creditors, labor unions, community groups
External stakeholders are individuals or groups outside the organization that are affected by its activities.
