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Stakeholders key terms

Use these key terms for Stakeholders in AQA Business 8132. The page is built from approved learning objectives for this topic and links back to the wider unit, topic hub, and related revision assets.

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key terms

Resource type

Topic

Stakeholders

AQAGCSEBusinessBusiness in the real world

Key terms

  • owners

    owners is a curriculum-aligned term linked to the learning objective: Define stakeholder and identify main business stakeholders including owners, employees, customers, local community and suppliers..

  • employees

    employees means how stakeholder groups and objectives is used by a business to make a commercial decision about Define stakeholder and identify main business stakeholders including owners, employees, customers, local community and suppliers. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

  • customers

    customers in Stakeholder groups and objectives means using the idea when Northline Gym, a commuter households business considering using retained profit with capacity utilisation of ?7,980 and expected sales of 580 units. For AQA GCSE Business, apply it to Define stakeholder and identify main business stakeholders including owners, employees, customers, local community and suppliers by naming the commercial issue, using evidence such as ?10,880, 15%, or 580 units, and explaining the effect on customers. Keep it separate from gross profit versus net profit so the definition supports evaluation rather than becoming a generic phrase.

  • local community

    local community is a curriculum-aligned term linked to the learning objective: Explain stakeholder objectives, including worker pay, environmental impact on the local community and owner dividend payments..

  • pay

    pay means how stakeholder groups and objectives is used by a business to make a commercial decision about stakeholder objectives, including worker pay, environmental impact on the local community and owner dividend payments. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

  • environmental impact

    environmental impact in Stakeholder groups and objectives means using the idea when Harbour Hire, a independent retailers business considering launching a new product line with gross profit margin of ?4,182 and expected sales of 922 units. For AQA GCSE Business, apply it to Explain stakeholder objectives, including worker pay, environmental impact on the local community and owner dividend payments by naming the commercial issue, using evidence such as ?7,082, 25%, or 922 units, and explaining the effect on lender. Keep it separate from break-even output versus profit so the definition supports evaluation rather than becoming a generic phrase.

  • business objectives

    business objectives is a curriculum-aligned term linked to the learning objective: Explain the impact and influence stakeholders can have on businesses and business objectives..

  • Explain

    Explain means how stakeholder impact, influence and conflict is used by a business to make a commercial decision about the impact and influence stakeholders can have on businesses and business objectives. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

  • impact

    impact in Stakeholder impact, influence and conflict means using the idea when LocalLoop, a school-leaver customers business considering raising prices with average transaction value of ?7,890 and expected sales of 650 units. For AQA GCSE Business, apply it to Explain the impact and influence stakeholders can have on businesses and business objectives by naming the commercial issue, using evidence such as ?10,790, 42%, or 650 units, and explaining the effect on customers. Keep it separate from gross profit versus net profit so the definition supports evaluation rather than becoming a generic phrase.

  • businesses

    businesses is a curriculum-aligned term linked to the learning objective: Explain how businesses may face conflict between stakeholder objectives..

  • face

    face means how stakeholder impact, influence and conflict is used by a business to make a commercial decision about how businesses may face conflict between stakeholder objectives. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

  • conflict

    conflict in Stakeholder impact, influence and conflict means using the idea when Urban Stitch, a online shoppers business considering opening a second outlet with break-even output of ?1,621 and expected sales of 281 units. For AQA GCSE Business, apply it to Explain how businesses may face conflict between stakeholder objectives by naming the commercial issue, using evidence such as ?4,521, 25%, or 281 units, and explaining the effect on suppliers. Keep it separate from margin versus markup so the definition supports evaluation rather than becoming a generic phrase.

Stakeholders key terms | AQA Business | ExamCompanion