Stakeholders Flashcards
(10 cards)
1
Q
What is a stakeholder in a business
A
Someone with an interest in the business
2
Q
What defines internal stakeholders
A
People who work within the business
3
Q
What is an example of an internal stakeholder
A
Employees working for the business
4
Q
Why are owners considered stakeholders
A
They recieve profits if the business does well
5
Q
How may employees benefit from business sucess
A
They may recieve pay rise and better job security
6
Q
What defines external stakeholders
A
People outside the business
7
Q
How do customers affect a business
A
Their buying actions impact sales and brand image
8
Q
Why are suppliers considered stakeholders
A
They provide goods or materials the business needs
9
Q
How can local communities affect business
A
They may protest, impacting brand image negatively
10
Q
A
