1.5.1 Business Stakeholders — Edexcel Business 1BS0 | GradeGen
Edexcel GCSE Business · 1BS0
Business Stakeholders
What you need to know
Identify key business stakeholders, including shareholders, employees, customers, managers, suppliers, the local community, pressure groups, and the government.
Understand the different, and often competing, objectives of various stakeholder groups.
Analyze how different stakeholders are positively or negatively affected by business activities and operational decisions.
Explain how stakeholders can exert influence and directly impact business activity.
Evaluate possible conflicts of interest that frequently arise between different stakeholder groups.