Business Studies - AQA - GCSE - Stakeholders

Josh Anderson
Mind Map by Josh Anderson, updated more than 1 year ago
Josh Anderson
Created by Josh Anderson about 6 years ago
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GCSE Business studies Mind Map on Business Studies - AQA - GCSE - Stakeholders, created by Josh Anderson on 11/11/2015.

Resource summary

Business Studies - AQA - GCSE - Stakeholders
  1. Managers
    1. Money
      1. Reputation
        1. Will the business improve? (Possible increased salary)
        2. Owners
          1. Reputation
            1. Money
              1. Will the business improve?
                1. Owner gets more more from better business
              2. Shareholders
                1. Dividend
                  1. Will the business improve?
                    1. Improved business means increased share price (selling gets more money)
                    2. Sell Shares
                    3. Government
                      1. Use of grant
                        1. If grant is given
                        2. Will the business improve?
                          1. Increases income to the economy of the country
                          2. Competitions commission - Prevent businesses from gaining monopoly power
                          3. Local Community
                            1. Will the business improve?
                              1. Improved business means improvement to services in the area
                              2. Job opportunity
                              3. Suppliers
                                1. Products
                                  1. Increased publicity of the products
                                  2. Will the income from the business still come in?
                                    1. If the income increases, then the business may pay more money to the supplier/bigger orders
                                    2. Negotiate Contract
                                    3. Customers
                                      1. Will the quality improve?
                                        1. Will the price change?
                                          1. Products
                                            1. Boycott, Complain
                                            2. Employees
                                              1. Will the business improve? (Possible increased salary)
                                                1. Money
                                                  1. Will the price change? (Could affect salary)
                                                    1. Strike, Unions, Share Buying, Legal Rights
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