Thursday 5 January 2012

For each stakeholder group how can they impact upon a business?

Customers- sales, customer servicwm effect market share and growth of a particular market, effect cometitors, effect the repuation of the business according to their attitude to the customers.

Goverment- Licensisng, grants and also tax

Investors- keep the business going start up

suppliers- If there is more demand there is going to be more supply therefore if there was no suppliers the business would go into decline

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