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GCSE Business 2020-2022 OCR

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Question:

What are the Different types of Stakeholders Objectives

Author: go kys



Answer:

-Shareholders; Return on investment and profits. Can also be growth and the true running of the Business -Managers and Employees; A Salary, Job security, Good working conditions, Promotion opportunities, Job satisfaction, etc... -Customers; Value for money along with Product quality and Customer Service -Suppliers; A stable and long trade with the Business and Financial stability. Can the Business pay the bills? -Banks; Wants the loans payed back at a Interest, Cash flow of the Business and Growth of the Profits [in the Business] -Government; Taxes, Growth of the Business for Jobs and making sure it follows the Rules -Local Community; Success of the Business, to create Jobs and make sure it abides by the Local Laws [Noise regulations etc]


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go kys
go kys