Unit 1: Business Activity | Skateholders

A skateholder is any person or group with a direct interest to the performance and activities of a business. Below there’s a list of the main skateholder’s groups and their aims:

Owners:

• a share of the profits so that they can gain a return on the money put into the business.
• growth of the business so that the value of their investment increases.

Workers: 

• regular payment for their work.
• job security - workers do not want to look for new jobs frequently.
• a job that gives satisfaction and provides motivation.

Managers: 

• high salaries because of the important work they do.
• growth of the business so that managers can control a bigger and better known business. This gives them more status and power.

Customers:

• safe and reliable products
• value for money
• well-designed products of good quality

Government:

• successful businesses will employ workers, pay taxes and increase the country’s output.
• government will expect all businesses to stay within the law.

The whole community:

• jobs for the working population
• production that does not damage the environment
• safe products that are socially responsible.