Identify two stakeholders of a business.
- AQA - GCSE Business - Question 7 - 2023 - Paper 1
Question 7
Identify two stakeholders of a business.
Worked Solution & Example Answer:Identify two stakeholders of a business.
- AQA - GCSE Business - Question 7 - 2023 - Paper 1
Step 1
1. Identify a Stakeholder
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Answer
One key stakeholder of a business is the 'employee.' Employees are crucial for daily operations, and their well-being directly impacts productivity and morale.
Step 2
2. Identify a Second Stakeholder
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Answer
Another important stakeholder is the 'customer.' Customers drive demand for products and services, and their satisfaction is essential for a business's success.