STAKEHOLDER

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gcse ICT AQA (CHAPTER 1 ADMINISTRATION) Mind Map on STAKEHOLDER, created by jamieben12 on 05/09/2013.
jamieben12
Mind Map by jamieben12, updated more than 1 year ago
jamieben12
Created by jamieben12 about 11 years ago
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Resource summary

STAKEHOLDER
  1. A STAKEHOLDER IS SOMEONE OR A GROUP OF PEOPLE THAT HAVE AN INTEREST IN HOW A BUSINESS PERFORMS.
    1. CREDITORS
      1. they wont the business to do well so they will receive their money back from a loan for example
        1. if the business is doing well they will lend the business money for the business to expand
        2. OWNERS
          1. make sure the business is making a profit.
            1. if the business is not making money the manager may be made redundant
            2. EMPLOYEES
              1. get a pay rise if the business is doing well
                1. if the company is not doing well it may need to reduce money payed out so some employees may be made redundant
                2. CUSTOMERS
                  1. keep buying products do business is doing well
                    1. prices will go up if business is not doing well
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