place there products accordingly. For example if Tesco's was selling milk at 39 pence Sainsburys would try to under cut Tesco's so customers would go from Tesco's to Sainsburys to buy there food.

o Suppliers - Suppliers would want to know if a company can afford to pay them on time. Some companies would not want to supply certain companies fo

A stakeholder is a person who has a legitimate interest in a company or organisation. Stakeholders are usually effected by company's decisions and changes. Stakeholders influence decisions made by company's for example, customers could recommend products and the business would take action accordingly. Some Stakeholders such as Shareholders have a share in the company and would be interested in performance of the company to get a good return on there investment.

Examples of Stakeholders

o Managing Director - The Managing director or a company or a organisation would be interested in how the business performs.

o Employees - A employee would be interested in how well the company is running, they would want to know if the company was successful or not, if the company was not performing the employee could lose there job.

o Trade Unions - A trade union would have a interest in the conditions and their financial background of the company so they can protect the employees.

o Customers - Customers would have a interest in the company's products, price and quality not forgetting there future plans.

o Local Community - Traffic and deliveries would effect the local community. The local community could also be interested in future plans for the company and job vacancies.

o Competitors - Competitors would be interested in pricing and quality to place there products accordingly. For example if Tesco's was selling milk at 39 pence Sainsburys would try to under cut Tesco's so customers would go from Tesco's to Sainsburys to buy there food.

o Suppliers - Suppliers would want to know if a company can afford to pay them on time. Some companies would not want to supply certain companies fo

in the company and would be interested in performance of the company to get a good return on there investment.

Examples of Stakeholders

o Managing Director - The Managing director or a company or a organisation would be interested in how the business performs.

o Employees - A employee would be interested in how well the company is running, they would want to know if the company was successful or not, if the company was not performing the employee could lose there job.

o Trade Unions - A trade union would have a interest in the conditions and their financial background of the company so they can protect the employees.

o Customers - Customers would have a interest in the company's products, price and quality not forgetting there future plans.

o Local Community - Traffic and deliveries would effect the local community. The local community could also be interested in future plans for the company and job vacancies.

o Competitors - Competitors would be interested in pricing and quality to place there products accordingly. For example if Tesco's was selling milk at 39 pence Sainsburys would try to under cut Tesco's so customers would go from Tesco's to Sainsburys to buy there food.

o Suppliers - Suppliers would want to know if a company can afford to pay them on time. Some companies would not want to supply certain companies fo

is running, they would want to know if the company was successful or not, if the company was not performing the employee could lose there job.

o Trade Unions - A trade union would have a interest in the conditions and their financial background of the company so they can protect the employees.

o Customers - Customers would have a interest in the company's products, price and quality not forgetting there future plans.

o Local Community - Traffic and deliveries would effect the local community. The local community could also be interested in future plans for the company and job vacancies.

o Competitors - Competitors would be interested in pricing and quality to place there products accordingly. For example if Tesco's was selling milk at 39 pence Sainsburys would try to under cut Tesco's so customers would go from Tesco's to Sainsburys to buy there food.

o Suppliers - Suppliers would want to know if a company can afford to pay them on time. Some companies would not want to supply certain companies fo

interest in the company's products, price and quality not forgetting there future plans.

o Local Community - Traffic and deliveries would effect the local community. The local community could also be interested in future plans for the company and job vacancies.

o Competitors - Competitors would be interested in pricing and quality to place there products accordingly. For example if Tesco's was selling milk at 39 pence Sainsburys would try to under cut Tesco's so customers would go from Tesco's to Sainsburys to buy there food.

o Suppliers - Suppliers would want to know if a company can afford to pay them on time. Some companies would not want to supply certain companies fo

place there products accordingly. For example if Tesco's was selling milk at 39 pence Sainsburys would try to under cut Tesco's so customers would go from Tesco's to Sainsburys to buy there food.

o Suppliers - Suppliers would want to know if a company can afford to pay them on time. Some companies would not want to supply certain companies for example, Gucci would not supply Marks and Spensors with there products because they feel that Marks and Spensors would damage the product identity.