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Stakeholders Someone who has an interest or influence on a business is known as a stakeholder. This includes; shareholders, local communities, employees, employers, customers, suppliers and the government. Any decisions made by British Airways will most likely affect some, if not all stakeholders and vice-versa. How does British Airways affect local communities? Social Costs Britain's largest airline has a negative effect in some cases on local communities, which is a very important stakeholder for the firm. British Airways' activities often cause social costs, and sometimes social benefits. This affects the local community. However, this is only the case for communities very close to airports where British Airways mainly operates. This is because aeroplane noise, which is the main social cost, can only be heard during take-off, landing and taxiing. Aircrafts and vehicles emit nitrogen dioxide (NO) and fine particles (PM). These are harmful to our health and the environment around us. This is why British...

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