6892351
Description
Mind Map by Aalyah Derby, updated more than 1 year ago
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Created by Aalyah Derby
over 7 years ago
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STAKEHOLDERS
- RRR
- RESPONSIBILITIES
- The Government should treat businesses equally
under the law, to prevent unfair competition that
could damage business survival chances and also
to establish good training links with other
countries to allow international trade.
- Customers are to be honest - to pay for goods bought or services
received when requested. Customers should also not steal and make
false claims about poor service, underperforming goods or failed items.
- Suppliers are to supply goods and services
ordered by the business in the time and
condition as laid down by the purchase
contractor suppliers service agreements.
- The Local Community is to cooperate with the business, where
reasonable to do so, on expansion and other plans. They should
also meet reasonable requests from business for local services
such as public transport (e.g. to allow staff to get work) and
waste disposal.
- Employees are to be honest, to meet the
conditions and requirements of the
employment contract, to cooperate with
management in all reasonable requests and
also to observe the ethical code of conduct.
- Lenders are to provide agreed
amount of finance on agreed
date for the agreed time period.
- The Government should treat businesses equally
under the law, to prevent unfair competition that
could damage business survival chances and also
to establish good training links with other
countries to allow international trade.
- RIGHTS
- Employees are to be treated within the minimum limits as
established by national law e.g. minimum wage rate. They are
also to be treated and paid in the ways described in the
employment contract and also in most countries, employees
are to be allowed to join a trade union if desired.
- Businesses have the duty to government to meet all legal
constraints, such as producing only legal goods, and to pay taxes
on time
- Suppliers are to be paid on time - as laid down either by law or by the service
agreement agreed between the business and suppliers. Suppliers are also to
be treated fairly by the purchasing business, e.g. not to have lower prices
forced on them by a much larger and more powerful customer business.
- Lenders are to be repaid on the agreed date and to be paid
finance charges, e.g. Interest on loan
- Customers are to receive goods and services that meet local laws regarding
health and safety, design, performance and so on. Customers are also to be
offered replacements, repairs, compensation in the event of failure of the
product or service - to at least the minimum levels laid down by law.
- The Local Community is to be consulted about major changes that's
affect it, e.g. Expansion plans or changing methods of production
- Employees are to be treated within the minimum limits as
established by national law e.g. minimum wage rate. They are
also to be treated and paid in the ways described in the
employment contract and also in most countries, employees
are to be allowed to join a trade union if desired.
- ROLES
- Customers purchase goods and services and
provide revenue from sales, which allows the
business to function and expand
- The Government pass laws that restrain many aspects
of business activity, provide law and order to allow
legal business activity to take place and to achieve
economic stability and encourage business activity
- Employees provide manual and other labour
services to the business, in accordance with
employment contract, to allow goods and
services to be provided to customers
- Suppliers supply goods and services to
allow the business to offer its products to
its own customers
- The Local Community provide local services and
infrastructure to the business to allowing to
operate, produce and sell within legal limits
- Lenders provide finance to the business in different forms
- Customers purchase goods and services and
provide revenue from sales, which allows the
business to function and expand
- RESPONSIBILITIES
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