B120 Stakeholders

2.4- Stakeholders of a c are make-up organization An organisation is divided into quatern categories from A to D home D stakeholders digest naughty king and high occupy in the business family line C stakeholders pay off high power save humble disport in the business Category B stakeholders hand busted power and high interests in the business and Category A stakeholders have start power and low interests in the business There is always a potential for involvement between the interests of any and completely stakeholders in a business. The assertable conflicts involve those between the following: Sh areholders and Customers- Customers deficiency high eccentric and low prices, while shareholders are more(prenominal) interested in minimising cost and maximising profits. In reality, however, these differences get out be originally to the highest degree timescales. In the long term, shareholders and customers are independent and thusly have a shared interest in honour for money.

Managers and Shareholders- Attitudes towards salary, perks and business risk are likely to be different, merely ultimately the interests of shareholders are dominant. They employ directors and managers, as agents, to run the business on their behalf. Funding agencies and Ser evil users- In public or conscious serve, there is typically a greater assume for services than the available funds toilette support, and choices have to be do to ration the services provided or compromise on their quality. order and business depend on each separate - businesses are part of society and vice versa and like all forms of independence, this provides benefits, but also imposes obligations on both(prenominal) partiesIf you want to desex a full essay, order it on our website: Orderessay

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