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Class notes

ADM1100 UNITS 6-10

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Lecture notes of 43 pages for the course Introduction to Business and Management at U of O (ADM 1100 UNITS 6-10)

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  • June 18, 2022
  • 43
  • 2021/2022
  • Class notes
  • Andrea ghazzawi
  • All classes
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luisaumannpunteolopez
Unit 6: Stakeholders

, Stakeholders
• Stakeholders are any individual or group which
is affected by the business and so has an
interest in its activities
• They may be external (suppliers, customers,
government, community) or internal (owners,
managers, employees)

, Who is involved in business activity?

• Owners or shareholders
• Managers
• Employees
• Customers
• Government
• Suppliers
• The community

, Owners or shareholders
• Have a right on profit
• May or not be involved in management
• Entrepreneurs are important for business
activity, because they promote innovation,
organize production factors and are willing to
take risks

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