Explain the term stakeholder - An individual or a group that has an interest in an organisation and can either affect or be affected by that organisation, List three internal stakeholders - Owners, entrepreneurs, employees, shareholders, employers, board of directors, List three external stakeholders - Suppliers, producers, manufacturers, interest groups, government, local community, consumers, service providers, Name an entrepreneur - Any entrepreneur - examples include: Jack Cleary (Glenisk), Aimee Connolly (Sculpted by Aimee), Explain the role of employees within a business - Employees work in a business in return for a wage or salary, List two objectives of consumers (i.e. what they want from the business) - Any relevant point including: 1. Good quality and safe products 2. Reasonably priced products 3. Goods available in a timely manner 4. Good aftersales service 5. Truthful and accurate advertisements, Define the term 'consumer' - People who buy goods and services for their own personal use, Name an interest group - Any relevant answer including: Irish Farmers Association (IFA), Irish Business and Employers Confederation (Ibec), Irish Congress of Trade Unions (ICTU), Irish Small and Medium Enterprises (ISME), Identify one way in which the Government impacts a business - Accept any relevant point including: 1. Establish regulations and laws that the a business must obey 2. Provides infrastructure and services that support business operations 3. Influences economic conditions, trade policies and market stability,
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1.1 Introduction to stakeholders - OL Question Grid/Game
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Lcbusinessjc
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6th Year
Business
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