How businesses and stakeholders affect each other
How businesses and stakeholders affect each other
A stakeholder is a person or group affected by a business, or able to affect the business. The relationship works in two directions: business decisions create impacts for stakeholders, while stakeholders use their resources and actions to influence the business.
Step-by-step lessons on AQA GCSE Business 1.4.2 Impact and influence of stakeholders. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.