Flashcards
External Stakeholders
Cards in this deck (10)
- 1External StakeholderDo not form part of the organisation but have direct interest or involvement in the actions of the organisation
- 2SuppliersProvide a business with resources needed for production
- 3Customersvery important in the retailing sector
- 4Special Interest Groups (SIG)An organisation that advocates certain issues
e.g. animal cruelty - 5Trade Unions (labour unions)Wages and salaries to rise in line with inflation (minimum wage)
- 6Pressure GroupsIndividuals with a common interest who seek to place demands on organisations to act in a particular way or to influence change in their behaviour
- 7Industry Trade GroupsOrganisations that specialise in public relations with the aim of promoting a particular industry
- 8Local CommunityPlace demands on the businesses that operates in their community
- 9CompetitorsRival businesses of an organisation
- 10GovernmentInterested in business activities:
- unfair business practices
- health and safety standards
- corporation tax
- consumer protection laws
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- 11 Business Management Flashcards on External Stakeholders , created by rebecca_ren on 14/03/2015.
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- rebecca_ren
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