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Why does each stakeholder group judge a business against a different objective?
A
Its objective follows from how the group is competing with the business.
- Owners compete for sales.
- Employees compete for jobs.
- Customers compare prices.
B
Its objective follows from how the owners control the business.
- Owners make decisions.
- Employees receive pay.
- Customers buy from it.
C
Its objective follows from how the group is linked to the business.
- Owners have money invested.
- Employees receive pay.
- Customers buy from it.
D
Its objective follows from how the group is affected by government rules.
- Owners pay taxes.
- Employees follow laws.
- Customers receive protection.
Card 1 of 20
1.4.1b Objectives of stakeholders Flashcards
20 flashcards on AQA GCSE Business 1.4.1b Objectives of stakeholders: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.