Question No 24:
What is Stakeholders and their needs include?
Internal - Directors - Pay, bonus, overall performance, job security - Employees - Pay, bonus, personal performance, job security
Connected - Shareholders - Share price growth, dividend payments (usually have - Customers - Prices, quality, delivery times, assured supply a contract) - Suppliers - Assured custom, high prices - Financiers - Interest payments, ability to payback loans
External - Government - Tax, law, wealth of nation (Other) - Pressure groups - E.g. environment - Local community - Employment, nice place to live - Wider community - Environment
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