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Stakeholders Involved in Business (Consumers and Customers (Consumer -…
Stakeholders Involved in Business
Entrepreneurs
People who take the initiative to turn an idea into a business.
Investors
People who provide a business with the finance it needs.
Employees
Recruited by businesses to assist in the business in return for a wage.
Employers
Recruit staff to work for them.
Managers
People responsible for running the business and achieving its goals.
Producers
The businesses that make products to sell to customers.
Suppliers
The businesses that supply the raw materials needed by the producers.
Consumers and Customers
Consumer - type of customer who buys goods and services for their own use, not for resale.
Customer - people who purchase goods from a business for their own use or for resale to others.
Government
Local and national authorities that set out the rules and regulations for businesses.