Stakwholders Flashcards
(7 cards)
1
Q
Stakeholders
A
Individuals or groups that are affected or affect actions of a business
2
Q
Owners
A
Invest to make a profit
Shareholders - maximize return on investment
3
Q
Employees
A
Job security and be compensated fairly
Safe working environment
4
Q
Managers
A
Mast company goals and objectives
Maximize profits amd minimize costs
5
Q
Suppliers
A
Sell products and make a profit
Paid on time
Long term relationship with customers
Good communication
6
Q
Customers
A
Receive high quality products or services at fair price
Good customer service
7
Q
Local community
A
For the business to have a positive impact on community
Environmentally responsible providing jobs and contributing to local causes