Chapter 1

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GCSE Business studies Flashcards on Chapter 1, created by Kirstie Fox on 30/11/2016.
Kirstie Fox
Flashcards by Kirstie Fox, updated more than 1 year ago
Kirstie Fox
Created by Kirstie Fox over 7 years ago
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Resource summary

Question Answer
Stakeholders A stakeholder is a person or a group of people who have an interest in the success of a business
Suppliers They want the business to keep buying their products
Council The more successful the company the more tax they get
Employees To keep a stable income or even a rise
CEO/owners Whatever money is left goes to them first hand.
Shareholders e.g. 10 percent of the profit they will get more money if the business is at a high
Customers Knowing the prducts are made well or good quality
Creditors so they can get their moeny back
Investors the percentage of money they put into a business if a business becomes successful the more money they get.
Sponsers The more well know the business is the more exposed the sponser becomes
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