stakeholder Flashcards

(12 cards)

1
Q

stakeholder

A

An individual, group or organisation with an interest in the activities of a business.

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2
Q

internal

A

are those who are “directly involved with the running of the company”

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3
Q

external

A

are “outside parties that can affect and be affected by the business”.

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4
Q

employees

A

Employees are the people who do the work in an enterprise and earn a living from the operations of a business.

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5
Q

owner/shareholders

A

Having invested in the enterprise, owners and
shareholders want the business to grow and make profits.

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6
Q

customers/consumers

A

It is very important for an enterprise to satisfy its customers as they generate revenue for them by buying their products or services.

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7
Q

Government

A

All businesses and individuals have to pay taxes to the government.

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8
Q

Local community

A

These are the people who live in the area near the business.
They are affected by the impact that the business activity has on traffic, pollution
and infrastructure in the area.

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9
Q

Suppliers

A

These are the businesses that supply the raw materials/products needed by an enterprise.

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10
Q

Lenders

A

Stakeholder

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11
Q

Competition

A

Competition: These are businesses that operate in the same industry providing
a similar product or service, targeting the same market.

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12
Q
A
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