Prepare a list of the interest groups with whom business interacts in its day-to-day activities.
Answers
Answer:
There are many groups with which businesses interact on a day to day basis for their activities. These people are known as the stakeholders of the business.
Following are some stakeholders,
1- employees: They are the ones who work for the business. The business designs activities and makes goods or provides services with the use of workforce, i.e. the employees.
2-customers: They are the clients. Businesses will sell their goods and services to these people.
3-shareholders: They have a share in the joint stock companies. They get a share from the company.
4-media organizations: They are in talks with business advertisements and development on a daily basis.
5-suppliers: They are the ones who provide them with the goods, stock ,storage and raw material for businesses which are part of secondary industry.
Answer:
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