To understand what is meant by the term stakeholder Stakeholders Local community Competitors Owners/shareholders Government Employees Lenders Suppliers.

Slides:

Advertisements

Similar presentations

This lesson we will be learning about 1.5 – Stakeholders and Conflicts What is a stakeholder?

Advertisements

Financial planning.  Like any preparation for the future, a business has to make assumptions and estimates about the months ahead.  Income and spending.

Business Organisation & Environment Stakeholders

Interpreting the Accounts (Ratio Analysis). What is ratio analysis? A set of accounting ratios often used to help interested parties interpret ( make.

Chapter 1 Overview of Financial Management  Introduction  Class Structure - Syllabus  Text – Preliminary Draft of Fin. Mgmt.  Exams – Open Book and.

PM/09/02NQBM - STAKEHOLDERS1 STAKEHOLDERS The people who are affected by the success or failure of the business are known as STAKEHOLDERS.

HOW ARE SMALL BUSINESSES INFLUENCED

ACCOUNTING FUNDAMENTALS UNIT :5 CHAPTER 29 PAGE 528.

Goals and Governance of the Firm

Cash flow planning Unit 8.

Unit 1.5: Stakeholders Reading Focus Learning outcomes

Unit 2.5 What is a Successful Business?. Winning 1 st Prise Getting the answer right Being Rich? Being Happy Having a Big House How do we judge success?

Stakeholders What are stakeholders? – A stakeholder is anyone with an interest in a business. Stakeholders are individuals, groups or organisations that.

Business Organisation & Environment Stakeholders 1.

Importance of Business Accounts Show awareness of the different users of accounts. Show knowledge of what users might look for in the accounts of a business.

STAKEHOLDERS Definition: People who have a key interest in the business.

Types of stakeholder Internal: internal to the firm Internal: internal to the firm –employees –shareholders /owners Connected: connected by a relationship.

1 BUSINESS MANAGEMENT 2.5 What is a Successful Business?

What is a Successful Business?

Business Management – Higher Business Enterprise Business in Contemporary Society Stakeholders.

Business & Management Topic 1 Stakeholders. Learning Objectives To know what is meant by a stakeholder Be able to differentiate between internal and external.

USES AND USERS OF INFORMATION. Learning Intentions Know the purpose of analysing financial information Know the purpose of analysing financial information.

Stakeholders THE TIMES 100. Stakeholders Stakeholders are groups or individuals with an interest in a business. Stakeholders may affect or be affected.

1.4 Stakeholders. Stakeholders Not to be confused with Shareholders. Shareholders own a share in the company. Stakeholder is anyone with an interest in.

Unit 1.4 KEY TOPICS Internal stakeholders; employees, shareholders, managers & directors External stakeholders: suppliers, customers, special interest.

Reporting to Stakeholders. What are Stakeholders? An individual or group with an interest in an organisation An individual or group with an interest in.

Topic 1: Business Organisation and Environment. 1.4 Stakeholders A stakeholder is any person, group or organisation that is directly or indirectly affected.

Stakeholder of LSOs. Stakeholders Definition Any individual or group that interacts with and has a vested interest in an organisation. KNOW THIS DEFINITION!!!

Aims of Stakeholders Different groups of stakeholders will have different aims in an organisation Shareholders – will be interested in healthy profits.

Lim Sei cK.  Matching exercise to test your understanding of the various sources of finance.

Stakeholders Inland revenue Banks Shareholders Employees Suppliers Customers.

Topic 3 Stakeholders and their influences Mr. BarryYear 12 BTEC Extended.

STAKEHOLDER INTERESTS. Definition of Stakeholder..  A person or group that has an investment, share, or interest in something, as a business or industry.

Chapter 1 Finance and Business. Areas of Finance Business Finance – Decision making within a business setting Investments – Allocation of money to earn.

Chapter 13 Stakeholders. Chapter Outline STAKEHOLDERS INTERNAL CONNECTEDEXTERNALCONFLICT.

Stakeholders. Internal Stakeholders Members of the organization.

What Effect Do Business Decisions Have On Stakeholders?

Case Studies Use this to self assess and prepare actual businesses for questions which ask: “For a business you have studied”

CASH FLOW PLANNING UNIT 8. THIS UNIT WILL EXPLAIN THE IMPORTANCE OF CASH FLOW TO BUSINESS OPERATIONS HOW FIRMS CAN RUN SHORT OF CASH AND THE LIKELY CONSEQUENCES.

1.5.2 The Role of Stakeholder Groups

STAKEHOLDER INTERESTS. Definition of Stakeholder..  A person or group that has an investment, share, or interest in something, as a business or industry.

Financial Management Decisions n Investment: What assets to own? n Financing: How to pay for those assets? n Dividend: What to do with Net Income?

Learning Intentions: Success criteria:

A2 Objectives and Strategy – Unit 6 Management buyouts (MBO)

HIGHER BUSINESS MANAGEMENT Finance. Content Sources of Finance Cash Budgeting  Analysis  Issues & Solutions Final Accounts  Trading Profit & Loss 

Profit and loss account Balance Sheet Cash Flow Statement.

Ratio Analysis Business and Management, SL. U56 – Ratio Analysis.

External stakeholders. Stakeholders Stakeholders are groups or individuals with an interest in a business. Stakeholders may affect or be affected by the.

Just what is a stakeholder?  A person or group whom the product will directly or indirectly affect  Stakeholders can be divided into internal and external.

Business Decisions and Stakeholders. What is a stakeholder? A stakeholder is anyone who has a vested interest in the activities and decision making of.

Internal stakeholders

Learning Intentions: Success criteria:

Unit 2 GCSE Business and Communication Systems

STAKEHOLDERS WHAT ARE THEY?.

Stakeholders The stakeholders of a business are those individuals or groups who are affected by the activities of the business and so have an interest.

Stakeholder perspectives

Climbing the ladder to success.

What Effect Do Business Decisions Have On Stakeholders?

Cash Flow Ms. Zucchero.

Understanding Business

To understand what is meant by the term stakeholder

Stakeholders Understanding Business Higher Business Management.

IB Business & Management (HL + SL) Stakeholders

Stakeholders BOH4M.

Lesson Objectives To consider what we mean by the term “Stakeholders” in relation to business.

What Effect Do Business Decisions Have On Stakeholders? Mrs Gutteridge

Learning Intentions: Success criteria:

Presentation transcript:

To understand what is meant by the term stakeholder Stakeholders Local community Competitors Owners/shareholders Government Employees Lenders Suppliers To understand what is meant by the term stakeholder

Stakeholders Stakeholders in xxxxxxx School To understand what is meant by the term stakeholder

Stakeholders Stakeholders in xxxxxxx School Local community Competitors xxxxxx County Council Governors Students Teachers Non-teaching staff Parents To understand what is meant by the term stakeholder

Stakeholders Stakeholders in xxxxxxx School Local community Competitors xxxxxx County Council Governors Students Teachers Non-teaching staff Parents What is their stake? To understand what is meant by the term stakeholder

Stakeholders Stakeholders in xxxxxxxx School Local community Competitors xxxxxxx County Council Governors Students Teachers Non-teaching staff Parents Any conflicts? To understand what is meant by the term stakeholder

Stakeholder conflicts ShareholdersManagers Employees Customers Suppliers Local community vs To understand what is meant by the term stakeholder

Stakeholder conflicts ShareholdersManagers vs To understand what is meant by the term stakeholder

Stakeholder conflicts Shareholders What should happen to the profits? Managers What should happen to the profits? vs To understand what is meant by the term stakeholder

Stakeholder conflicts Shareholders Want the profits to be paid out in dividends Managers Want the profits re- invested in the business vs To understand what is meant by the term stakeholder

Stakeholder conflicts Shareholders & Managers Employees vs To understand what is meant by the term stakeholder

Stakeholder conflicts Shareholders & Managers Want loyal, reliable and cheap workers Employees Want job security and high pay vs To understand what is meant by the term stakeholder

Stakeholder conflicts Shareholders & Managers Customers vs To understand what is meant by the term stakeholder

Stakeholder conflicts Shareholders & Managers Want customers prepared to pay high prices Customers Want quality at low prices vs To understand what is meant by the term stakeholder

Stakeholder conflicts Shareholders & Managers Suppliers vs To understand what is meant by the term stakeholder

Stakeholder conflicts Shareholders & Managers Want suppliers who can deliver quality stock on time and want to be able to pay on credit Suppliers Want to be paid promptly to help their cash flow vs To understand what is meant by the term stakeholder

Stakeholder conflicts Shareholders & Managers Want to be able to run the business with little interference Local community Want a company which respects the wishes of the local community and sponsors local events vs To understand what is meant by the term stakeholder