Business Stakeholders (Leaving Cert Business): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
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Practise the cards
10 cards from this deck
Define: Stakeholder
Define: Stakeholder
Individual/group with interest in or affected by a business
Entrepreneurs' key actions
Entrepreneurs' key actions
Take initiative, organise resources, take financial risks
What investors provide to business
What investors provide to business
Capital (e.g. loans, shares) for financial return
Customers' expectations from business
Customers' expectations from business
Value for money, quality, good customer service
Local community expectations
Local community expectations
Jobs, environmental protection, ethical behaviour
Define: Interest group
Define: Interest group
Organised group promoting common goal by influencing decision-makers
IFA represents
IFA represents
Irish farmers
IBEC represents
IBEC represents
Irish businesses and employers across sectors
ICTU's objective
ICTU's objective
Improve workers' rights, pay, and working conditions
Example: IBEC & ICTU cooperation
Example: IBEC & ICTU cooperation
National wage agreements and social partnership deals
