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192585
STAKEHOLDER
Description
gcse ICT AQA (CHAPTER 1 ADMINISTRATION) Mind Map on STAKEHOLDER, created by jamieben12 on 05/09/2013.
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chapter 1 administration
ict aqa
ict aqa
chapter 1 administration
gcse
Mind Map by
jamieben12
, updated more than 1 year ago
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Created by
jamieben12
about 11 years ago
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Resource summary
STAKEHOLDER
A STAKEHOLDER IS SOMEONE OR A GROUP OF PEOPLE THAT HAVE AN INTEREST IN HOW A BUSINESS PERFORMS.
CREDITORS
they wont the business to do well so they will receive their money back from a loan for example
if the business is doing well they will lend the business money for the business to expand
OWNERS
make sure the business is making a profit.
if the business is not making money the manager may be made redundant
EMPLOYEES
get a pay rise if the business is doing well
if the company is not doing well it may need to reduce money payed out so some employees may be made redundant
CUSTOMERS
keep buying products do business is doing well
prices will go up if business is not doing well
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