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Have an interest in the prosperity of a Business.
Member rating: No Rating | Words: | Submitted: Tue Mar 16 2004
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Essay on Stakeholders - A2 Business Studies Discuss the extent to which all stakeholders Have an interest in the prosperity of a Business Considering stakeholders are all those affected by the business in any way, the prosperity of the business will certainly be of interest to stakeholders. However certain stakeholders will be more affected than others as some may be more concerned about how the business contributes to the environment, and not so much how much profit it makes. The employees of a business are an example of stakeholders. They will be interested in the prosperity of the business, realising that if the business is not operating prosperously, their jobs may be in danger. Also, they may receive bonuses and share dividends based on the firm's performance and so would take a great interest in its prosperity. However, their main concern may be themselves and they will push for better working conditions and higher rates...
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