Stakeholder power and interest
What Stakeholder power and interest means in Business A-Level, as defined for AQA.
Definitions of Stakeholder power and interest
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Reference: AQA
The two axes on which every interest group is plotted: the power it holds over the business and the interest it takes in this particular decision.
Mapping groups by power and interest to decide which are managed closely, kept informed or given minimal effort.
Topics that use Stakeholder power and interest
- Strategic decision making (A-level only) (AQA A-Level)
- Understanding the role and importance of stakeholders (AQA A-Level)
Related terms
- Automation and the cost structure
- Communication
- Competing stakeholder claims
- Consultation
- Consultation cost and speed
- Corporate social responsibility
- Decision specific mapping
- Distribution of profit
Using Stakeholder power and interest in the exam
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