What is a stakeholder?, Name two external stakeholders., Name two internal stakeholders., Which stakeholder usually wants to earn a profit from the business?, Which stakeholder wants good wages and job security?, Which stakeholder buys goods or services from a business?, Which stakeholder supplies materials or products to a business?, Which stakeholder collects taxes from businesses?, Why are banks stakeholders in a business?, What is one objective of customers?, What is one objective of employees?, What is one objective of suppliers?, What is one objective of the government?, What is one objective of owners/shareholders?, What is one objective of the local community?, Why might employees want a business to grow?, Why might customers want a business to survive?, Why do suppliers want a business to be successful?, Why might a bank want a business to be profitable?, Why might the government want businesses to grow?, Why might employees disagree with owners who want to reduce wages?, Why might customers disagree with owners who increase prices?, Why might suppliers prefer a business to increase its sales?, Why might the local community support a new business?, What could happen if a business ignores its customers?, What could happen if a business does not pay its suppliers on time?, What could happen if employees are unhappy with their wages?, Why might shareholders want the business to increase its profit?, Why might the government be unhappy with a business that breaks, Which stakeholder is most interested in job security?, Which stakeholder is most interested in receiving payments for goods supplied?, Which stakeholder is most interested in affordable prices?, Which stakeholder is most interested in tax payments and legal compliance?, Which stakeholder may be interested in receiving interest payments on a loan?, Which stakeholder may be interested in the business creating jobs in the area?, A business wants to increase its profit by reducing employee wages. Which two stakeholders have conflicting objectives? Explain., A restaurant increases the price of its meals. Which stakeholder might be unhappy and why?, A business decides to buy cheaper materials from a supplier. What might customers be concerned about?, A factory creates 100 new jobs in a small town. Which stakeholder is likely to benefit? Why?, A business is making losses and cannot repay its bank loan. Which stakeholder is likely to be concerned? Why?, A business wants to build a new factory, but local residents are worried about pollution. Which two stakeholders have conflicting interests?, A business lowers its prices to attract more customers. Which stakeholder may be unhappy with this decision? Why?, A business becomes very successful and wants to open a second branch. Name TWO stakeholders who could benefit. Explain., A supplier increases the price of raw materials. Which stakeholder might be affected first? Why?, A business introduces better working conditions but its costs increase. Which two stakeholder objectives might conflict?, A business is becoming popular but its employees are working very long hours. Which stakeholder objective is being ignored?, A business wants to advertise that it is environmentally friendly. Which stakeholder might be particularly interested in this? Why?, A business has to choose between paying higher wages or keeping more profit. Which two stakeholders are most likely to have conflicting objectives?, Why is it difficult for a business to satisfy all stakeholders at the same time?, A business can only make ONE decision: increase employee wages, lower product prices, or increase dividends to shareholders. Which stakeholder would benefit from each decision?
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Stakeholder Card
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Mrghatra
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