8) Stakeholders Flashcards Preview

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Flashcards in 8) Stakeholders Deck (9)
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1
Q

Shareholder stakeholders

A

Shareholders have bought shares in the public limited company and they want a good return on the money they have invested through the payment of dividends and they wan to see the value of their shares rise

2
Q

Employees stakeholders

A

Employees want job security, to be paid fair wages and to be part of a successful business

Can take industrial action if unhappy

3
Q

Managers stakeholders

A

If the business is doing well they could get a bonus but if it’s not they could be sacked

Decide on staffing levels and new products

4
Q

Suppliers stakeholders

A

Suppliers need to be guaranteed that the company has the ability to pay them back on credit

Can change prices etc at short notice

5
Q

Customers stakeholders

A

Want a quality product or service at a reasonable and affordable price

If unhappy can go elsewhere

6
Q

Central government stakeholders

A

Needs to know how successful the business is so they can receive the right taxes

7
Q

Banks stakeholders

A

Need to make sure that the organisation will be able to pay back loans

8
Q

Local community stakeholders

A

Want business to do well so it can provide employment in the area
Ensure business doesn’t create pollution or traffic

9
Q

Owners stakeholders

A

The owners have invested their own money, time and effort in the business.
They want it to thrive and grow and make a profit