... E.G. the levels of pay are negotiated every year and employees and owner will bargin, they may disagree on new wage levels. Owners and Managers E.G. the management may peruse their own interests rather than the interests of the business. Customers will want lower prices and the business will want higher prices for higher profits. Suppliers, Managers and Owners and E.G. the suppliers may increase their prices and the owners and managers may want the original and lower price to ensure their profits. Owners and Community E.G. the owners may not protect the environment, their local community with could anger them. Stakeholder Concept Recently their has been a wide range of goals which have been suggested for a business. These goals include traditional maximization along with others including goals relating to earnings per share, total sales and manager satisfaction. A major reason for more and more business in today's world adopting this strategy is due ...

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