Stakeholders/ Flashcards
1
Q
What is a stakeholder
A
Individual and groups who interact directly with the organisation and have a vested interest in its activities
2
Q
Shareholders are…
A
part owners in the busniess, brought share in the company on ASX, want profit maximised via dividends
3
Q
Management wants
A
Efficency, productivity, profitability, reputation, satisfaction
4
Q
Employees want
A
to earn wages ( high as possible), job security
5
Q
Union want
A
( represents employees) fair work conditions (OHS), fair pay
6
Q
customers want
A
quality goods/ services, reasonable price
7
Q
members of the community want
A
social attitudes/ enviroment
8
Q
suppliers want
A
getting payed on time ( importance of a good relationship , demand/ payed on time)
