Business stakeholders – Business stakeholders – Edexcel – GCSE Business Revision – Edexcel – BBC Bitesize

Shareholders and owners

In a public limited company (PLC), these are people who influence the business’ aims, objectives and strategic activities. In a limited company (LTD), these are people who make business decisions but need to agree them with the other shareholders. Shareholders are part owners of a private or public limited company.

Managers

Staff who are responsible for implementing the decisions made by the owners and overseeing the work that is required.

Employees

Staff who carry out the day-to-day work of the business.

Customers

People who buy products or services from the business.

Suppliers

Other businesses and organisations that provide products or services to the business, eg a utility company that supplies it with electricity, or a business that provides the seats used when producing a car.

Local community

People, organisations and businesses that live or are located in the area around the business.

Pressure groups

Groups of people who share a common interest that is related to the business, eg an environmental pressure group may actively promote a shared interest.

Government

The business will make tax payments to both local and central government.