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3641713
1.4 Stakeholders
Description
Business and Management IB program 1.4 Stakeholders
No tags specified
business and management
empresa
1.4 stakeholders
empresa
portafolio
Mind Map by
Sandra Vazquez
, updated more than 1 year ago
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Created by
Sandra Vazquez
about 9 years ago
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Resource summary
1.4 Stakeholders
Stakeholder
Individual or group who is afected by the business and has interest in its activities
All interdependent
May have conflicts for desagreements
External
Suppliers, Customers, Government, Community
Suppliers
Supply B. with what they need to provide goods and services
Customers
Vital for B. survival
Have need and wats (market research)
Have rights and are protected by the law
Government
Law and regulations
Economic policies
Favor employement and generate wealth
Community
Employees and Cutomers from local area
May be afected negatively by B.
Internal
Owners, Managers, Employees
Employees
Make assigned activity
Have skills and knowledge
Receive wage or salary
Participation in decision making
New skills
Owners
- Right on profit
- Involved in management (M or Mn)
- Promote innovation
- Organize production factors
- Take risks
Shareholders
Have shares
Mayor Shareholders
Mangers
Organize
Make decisions, delegate others
Plan
Control
Are countable
Are entrepreneurs
Advantages
Attract better applicants
Higher salaries
Good relationships
No pressure group
Costs
Tend to be more expensive
Ethical Perspective
They take more inconsideration stakeholders, for maximization of investment
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