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Relations in busines
Relations in business
Question | Answer |
---|---|
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 |