Main Interest or influence of each stakeholder;
There are many different examples of stakeholders and what they are interested in. Each stakeholder is interested in the business for a different reason. For example one stakeholder would be the customers. This example of stakeholder would have an interest in the business because they would want to buy the products the business is selling. They also would want more value for their money and the goods the business is selling should be meeting their expectations.
Employees
The employee would be interested in the business because they would want
the business to succeed and make more money than other businesses around the community. This is because if the business does badly and ends up closing down many employees would be out of a job leaving them unemployed and they
wouldn’t be making money. An employee would want the business to succeed and be successful because they would want to earn good wages.
Managers
A manager is another stakeholder. Their interest in the business would be that it runs successfully so they can earn higher bonuses.
Local Community
The local community would keep an interest in the business because they would want quality and value for money when they buy their goods from the business. They would want the business to meet their standards and expectations so that they could always buy their goods from there without any complications.
Government
The government keeps an interest in the business because a successful firm would be good for the government as it creates them with wealth and employment. The government also receives taxes from the profits that the business makes.
Financers
Financers are groups or organisations that lend loans to businesses! They keep an interest in the business because they want the business to do well so in addition they can have their loan repaying on time.
All of these stakeholders have an interest in the business to make their money at the same time or get better value for their money. However some stakeholders keep an interest in the business to influence how the business operates. This
type of stakeholder is called pressure groups. An example of something they would do is stopping the business from polluting the local environment.
