Economics B A-Level
Stakeholder relationships
What Stakeholder relationships means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Stakeholder relationships
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Read the wording for your board, then hide it and explain Stakeholder relationships in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Close ties with suppliers, employees and the local community that provide a competitive advantage large firms struggle to replicate.
Topics that use Stakeholder relationships
- How small firms compete (Pearson Edexcel A-Level)
Related terms
Using Stakeholder relationships in the exam
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