What is a stakeholder
Individual and groups who interact directly with the organisation and have a vested interest in its activities
Shareholders are…
part owners in the busniess, brought share in the company on ASX, want profit maximised via dividends
Management wants
Efficency, productivity, profitability, reputation, satisfaction
Employees want
to earn wages ( high as possible), job security
Union want
( represents employees) fair work conditions (OHS), fair pay
customers want
quality goods/ services, reasonable price
members of the community want
social attitudes/ enviroment
suppliers want
getting payed on time ( importance of a good relationship , demand/ payed on time)