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Stakeholders - Coggle Diagram
Stakeholders
external stakeholders
preassure groups
can change wheather or not people would go to the company or not, can boycott the company
competition
benchmark competition and remain competitive
financers
compamny to repay debt + interest
customers
customer care is important for business survival
goverment
consumers protection laws and health and safety standards are met
suppliers
regular contracts for competitive pricing
internal stakeholders
employees
direct stake
might strike for better pay or better working conditions
managers and directors
take charge of business operations
aim for profit maximisation
shareholders
maximise dividends
capital gain
conflict between stakeholders
business cannot meet all of its stakeholders objectives
creates tension when different stakeholders disagree
look at
a partnership
goals and objectives need to be clear
source and degree