Edexcel Business - Shareholders and Stakeholders

Vocabulary flashcards covering business stakeholders, shareholders, business approaches, and stakeholder objectives based on Edexcel Business 3.4.3.

Shareholder

An individual or organisation that owns shares in a business.

Stakeholder

An individual or group that affects or is affected by a business.

Shareholder approach

A strategy where a business focuses on maximising returns to shareholders.

Stakeholder approach

A strategy where a business considers the interests of all stakeholder groups.

Shareholder value

A measure combining dividends and changes in the share price.

Shareholder interests

Higher profits, dividends and a rising share price.

Employee interests

Higher wages, job security and good working conditions.

Manager interests

Growth, job security, status and financial rewards.

Customer interests

Good quality, fair prices and good customer service.

Supplier interests

Regular orders, long-term relationships and prompt payment.

Creditor interests

Being repaid on time and financial security.

Local community interests

Jobs, local investment and limited environmental damage.

Government interests

Tax revenue, employment and businesses following laws.