Bitesize has changed! We're updating subjects as fast as we can. Visit our new site to find Bitesize guides and clips - and tell us what you think!
Print

Business Studies

Stakeholders

Page:

  1. 1
  2. 2
  3. 3
  4. 4
  1. Back
  2. Next

Conflicting stakeholder objectives

Different stakeholders have different objectives. The interests of different stakeholder groups can conflict. For example:

  • Owners generally seek high profits and so may be reluctant to see the business pay high wages to staff.
  • A business decision to move production overseas may reduce staff costs. It will therefore benefit owners but work against the interests of existing staff who will lose their jobs. Customers also suffer if they receive a poorer service.

Page:

  1. 1
  2. 2
  3. 3
  4. 4
  1. Back
  2. Next

Back to Business environment index

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.