unit 2 Flashcards
(3 cards)
1
Q
define the term stakeholder;
A
A stakeholder is any person or group of people who have an interest (or stake) in the success of the business.
internal or external.
2
Q
Internal stakeholders
A
their shares and the dividend payments associated with those shares will depend upon the success of the business.
3
Q
External stakeholders
A
they will be interested in the price of the electricity, the quality of the product and the standard of service received.
