Stakeholder objectives
What Stakeholder objectives means in Business GCSE, as defined for AQA, Pearson Edexcel.
Definitions of Stakeholder objectives
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Reference: Pearson Edexcel
The specific goals that shareholders (owners), employees, customers, managers, suppliers, the local community, pressure groups and the government pursue when interacting with a business.
Stakeholders pursue different objectives, and businesses must balance these competing objectives when making decisions.
The goals that different groups aim to achieve from a business's activities.
Topics that use Stakeholder objectives
- Stakeholders (AQA GCSE)
- Business stakeholders (Pearson Edexcel GCSE)
Related terms
- Stakeholder
- Suppliers
- Business decision making
- Conflict between stakeholders
- Conflict of interest
- Dividend payments to owners
- Dividends
- Environmental impact on local community
Using Stakeholder objectives in the exam
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