Please enable JavaScript.
Coggle requires JavaScript to display documents.
Business and Stakeholder Objectives - Coggle Diagram
Business and Stakeholder Objectives
Stakeholder Objectives
Internal
Owners/Shareholders
Regular share of profits (dividends)
Growth and more profit
Increased value of shares
managers
High saleries
Job security
Business growth
Other employees
Regular payment for their work
Job security
Work that gives motivation and satisfation
External
Customers
Safe and reliable products
Value for money
Reliability of service and maintenance
Suppliers
Have regular orders from the business
Recieve prompt payment
Lenders/banks
Recieve interest
Be repaid in agreed time period
government
Business growth that creates jobs for the working population
Output that increases income of the country (increased tax revenue)
Safe products and production methods (socially and environmentally responsible)
Local community
Jobs for Local population
Safe production process, no environmental damage
growth that doesn't damage local environment
Business Objectives
Growth
Increase saleries and status of managers
Decrease risks of business
Increase market share
acheive economies of scale
Survival
Profit
Needed to pay returns
Needed to provide finance
Market share
Providing a service to the community
Social
Environmental
Financial