What key stakeholders can directly effect a business?

There are various stakeholders which directly influence a business, firstly an example of this would be employees, if a businesses employees aren't working to an appropriate level then the production of the business will be lowered thus impacting the overall profitability.

Secondly Customers will directly impact the business as without these the inflow of cash will be very low meaning the sustainability of the business is low

JP
Answered by Joe P. Business Studies tutor

1898 Views

See similar Business Studies GCSE tutors

Related Business Studies GCSE answers

All answers ▸

What is the function of a SWOT analysis?


Explain two benefits to a business of ensuring the protection of their employees’ health and safety (4)


What is a stakeholder?


Please define marketing mix. What is its importance for business?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2025 by IXL Learning