Stakwholders Flashcards

(7 cards)

1
Q

Stakeholders

A

Individuals or groups that are affected or affect actions of a business

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2
Q

Owners

A

Invest to make a profit
Shareholders - maximize return on investment

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3
Q

Employees

A

Job security and be compensated fairly
Safe working environment

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4
Q

Managers

A

Mast company goals and objectives
Maximize profits amd minimize costs

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5
Q

Suppliers

A

Sell products and make a profit
Paid on time
Long term relationship with customers
Good communication

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6
Q

Customers

A

Receive high quality products or services at fair price
Good customer service

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7
Q

Local community

A

For the business to have a positive impact on community
Environmentally responsible providing jobs and contributing to local causes

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