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Relations in busines

Relations in business

QuestionAnswer
What does a producer do A producer takes raw materials and transforms them during the manufacturing process into finished products
What is an interest group A group of people who meet and campaign for a common goal
What is boycotting Consumers refuse to buy goods or services from a firm to show their dissatisfaction with the business
What is lobbying Trying to persuade decision makers to support laws or rules that give An advantage to your industry or organisation
What’s a co operative relationship Stake holders work together towards a common goal
What’s a competitive relationship Stakeholders work towards different goals
What’s a dependant relationship Stakeholders need each other for success
What’s a dynamic relationship The relationship between the stakeholders is constantly changing
Industrial relations Relationship between employers and employees in the workforce
Trade union Interest group which seeks to improve pay and working conditions For its workers
Created by: Jamesperlin
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