Owner - They can influence a business by investing or withdrawing equity. They can also change management., Employees - They can increase or decrease productivity, provide good or bad customer service or take industrial action, like strike., Banks - They can withhold the offer of a loan, change interest rates or change the repayment length of loans., Customers - If they are not happy with a product or service, they may not purchase the product or use the service or go elsewhere to a competitor. They can affect the business’s reputation., Suppliers - They can change prices, credit arrangements and discounts, delivery times and the quality of their goods., Local community - They can protest and raise awareness if they are unhappy with the business’s conduct., Government - They can raise or lower taxes. They can introduce or repeal laws that affect businesses. They can also offer grants to incentivise business to locate in disadvantaged areas.,

Stakeholder Influence

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