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Stack #4531948
| Question | Answer |
|---|---|
| stake holder | They are individuals/groups/organisations interested in or influenced over. |
| Internal Stake Holders | Directly involved in running of a buisness. |
| External Stakeholders | Not directly involved in running but effected by decisions |
| Buisness owner/ Entrepeneur | They spot gap in market, both personal financial risk (to access capital) in hope of making profit |
| Managers | Sets goals/ strategies based on objectives of entrepreneur through organising resources of business |
| Employees | Carry out managers instructions/contribute ideas/use their skills |
| Investors | Provide financial support in return for ownership (equality), dividends from profit bank-dept investment-repayments +interest |
| Consumers | Purchase goods + give feedback on their preferences. Advocate for buisness on social media |
| Local community | Area that surrounds+ interacts with the buisness |
| Suppliers | Provide raw materials/ products/services needed by buisness |
| Government | Regulates/ oversees. Gives grants+incentives to start up and expand. |
| Interest group | Common interest/represent member/ pressure groups |