Nothing Special   »   [go: up one dir, main page]
Scribd Logo
Upload

Welcome to Scribd!

  • 24 views

    Business Stakeholders and Their Roles Interest

    Uploaded by

    Qliqbait
    UNIT 1 - Understanding Business Activities IGCSE O'Level (0450/7115) Business Stakeholders and Their Roles Interest

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Business Stakeholders and Their Roles Interest

    Uploaded by

    Qliqbait
    24 views1 page
    UNIT 1 - Understanding Business Activities IGCSE O'Level (0450/7115) Business Stakeholders and Their Roles Interest

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    UNIT 1 - Understanding Business Activities IGCSE O'Level (0450/7115) Business Stakeholders and Their Roles Interest

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    24 views1 page

    Business Stakeholders and Their Roles Interest

    Uploaded by

    Qliqbait
    UNIT 1 - Understanding Business Activities IGCSE O'Level (0450/7115) Business Stakeholders and Their Roles Interest

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Business Stakeholders and their Roles & Interest

    Stakeholders Role Interest


    Internal
    Owners/ - Invest money - Profits & Dividends
    Shareholders - Receive returns - Business growth to increase investment value
    • profits (sole trader/partnership)
    • Dividend (limited companies)
    - Appoint board of Directors
    Managers - Increasing profit to show good performance
    Make decisions that can make business successful or fail - Promotion, increasing responsibility and importance
    - Good benefits, bonuses and salary
    Employees Produces product and provide services that may increase - Good benefits, salary increment,
    customer loyalty and business reputation - Good working condition,
    - Recognition and rewards like bonuses
    - Job security and satisfaction

    External
    Creditors - Lends money to run business - To be repaid
    - Supply goods on credit - Increase business/order
    Customers - Buys/Uses products and services - Wants good quality product and services
    - Determines success or failure of business by choosing - Prefers good customer service
    to purchase product or not - Attracted to low prices
    - Determines what the company produces through
    market research
    Government - Enforcing regulations - Safety of product and working conditions
    - Imposing taxes and providing subsidies - Welfare of employees
    - Developing policies supporting business growth - Price of product
    Community/Society - Ensuring that governments enforce suitable business - Long term benefits of product and servicees
    regulations - No pollution or negative externalities
    - Providing feedback to businesses

    For more notes, visit www.igbizstudies.com

    You might also like