The Role Of Stakeholder Groups Involved In Business Activity:
Gbogbo ọrọ náà
A single decision, such as a factory closing, ripples out to touch owners, workers, customers, suppliers and a whole local community at once, and each of them wants something different from it. These groups are a business's stakeholders, and understanding what they want is the key to seeing why business decisions are so rarely simple.
In this lesson you will learn to identify the internal and external stakeholders of any business, state the objective each one pursues, and explain how those objectives clash, so that pleasing one group often means disappointing another. You will leave able to analyse the winners and losers behind any business decision.
Ebumnobi
- Main internal and external stakeholder groups
- Objectives of different stakeholder groups
- How these objectives might conflict with each other, use examples
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Nnyocha Ọmụmụ
Ekele diri gi maka imecha ihe karịrị na The Role Of Stakeholder Groups Involved In Business Activity:. Ugbu a na ị na-enyochakwa isi echiche na echiche ndị dị mkpa, ọ bụ oge iji nwalee ihe ị ma. Ngwa a na-enye ụdị ajụjụ ọmụmụ dị iche iche emebere iji kwado nghọta gị wee nyere gị aka ịmata otú ị ghọtara ihe ndị a kụziri.
Ị ga-ahụ ngwakọta nke ụdị ajụjụ dị iche iche, gụnyere ajụjụ chọrọ ịhọrọ otu n’ime ọtụtụ azịza, ajụjụ chọrọ mkpirisi azịza, na ajụjụ ede ede. A na-arụpụta ajụjụ ọ bụla nke ọma iji nwalee akụkụ dị iche iche nke ihe ọmụma gị na nkà nke ịtụgharị uche.
Jiri akụkụ a nke nyocha ka ohere iji kụziere ihe ị matara banyere isiokwu ahụ ma chọpụta ebe ọ bụla ị nwere ike ịchọ ọmụmụ ihe ọzọ. Ekwela ka nsogbu ọ bụla ị na-eche ihu mee ka ị daa mba; kama, lee ha anya dị ka ohere maka ịzụlite onwe gị na imeziwanye.
- Which of these is an internal stakeholder of a business? A. a customer B. a supplier C. an employee D. the local community Answer: C
- The main objective of a business's owners is usually to: A. pay the lowest possible wages B. earn a good profit and return C. avoid all taxes D. reduce customer prices Answer: B
- Which stakeholder most wants the business to be repaid on time with interest? A. a customer B. an employee C. a bank D. a supplier Answer: C
- Building a new factory may create a conflict because it gives the community jobs but also: A. higher profits B. pollution and noise C. lower taxes D. more dividends Answer: B
- Which pair of stakeholders most directly conflict over the price charged? A. owners and managers B. owners and customers C. suppliers and banks D. government and community Answer: B
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Responsibilities to Stakeholders
How do businesses meet their social responsibilities to various stakeholders?
"Introduction to Business: Responsibilities to Stakeholders" by OpenStax, OpenStax, Rice University, licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Source: https://openstax.org/books/introduction-business/pages/2-4-responsibilities-to-stakeholders. Access for free at https://openstax.org/books/introduction-business/pages/1-introduction
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