Zusammenfassung der Ressource
AQA GCSE Business - Unit 2 -
Expanding a Business -
Growth and Stakeholders
- Advantages of
Growth for
Stakeholders
- Employees may have more job
security and receive greater
rewards if the business is doing
well.
- Suppliers may receive more
orders as the business needs
more supplies.
- The local community may benefit
because as it grows more
employees will be needed, and
these may come from the
surrounding area.
- The government will benefit
as it will receive higher taxes
and there will be less
unemployment in the area.
- Disadvantages of
Growth for
Stakeholders
- Suppliers may be bullied by
a bigger firm and have their
prices pushed down.
- Employees may no
longer feel valued by
the business as they
are not as important
in the larger scheme
of things.
- Employees may also feel
that they aren't as
informed as they used to
be as communication
become harder.
- The business may not invest in
the community and may choose
to get its labourers from
overseas as they are cheaper.
- The government won't
benefit if the business
moves some of its
production overseas.
- How can Stakeholders protect their interests?
- Lobby government - Can
try and get the
government to force the
business to change its
policies or prevent it from
getting bigger.
- Boycott the products - People
may stop buying the products
made by the business if they
feel that they aren't being
treated properly.
- Employees can
strike so the
business loses
money.
- All stakeholders can
complain to the business,
and if they do so enough
then they may be able to get
it to change its ways.
- If shareholders don't like what the
business is doing then they can vote
against their plans or can sell their
shares completely.