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This is a downloaded stakeholders presentation in corporate governance
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Identify the stakeholders in society • Discuss the role of the stakeholders involved in business activities
Who are the stakeholders in society? OWNERS (SHAREHOLDERS)
Role of owners • Provide capital for the business • Attend annual general meetings to receive annual reports and elect the directorate
Role of employees • Provide labour services (manual and mental effort) to the business so that goods and services will be provided for customers
Role of customers • Purchase goods and services. The revenue raised from the sale of these goods and services will allow the business to function and expand • Provide feedback to the business about its products
Role of Government • Maintain law and order • Achieve economic stability and encourage business activity
Role of the community/society • Provide public services and infrastructure to the individuals and businesses thereby allowing themto operate within legal limits
Role of the suppliers • Provide resources needed by firms to produce goods and services