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Describe examples of conflict that may arise between different groups of stakeholders.

Describe examples of conflict that may arise between different groups of stakeholders.

Answers

Lydia
? Employees are likely to want higher wages than the owners/managers are willing to pay
? Owners/managers may need to reorganise the business but employees may feel this gives them extra responsibility without training or extra reward
? Owners want to maintain control of their business but managers can become too powerful and influential through
their decision making
? Managers may focus on their objectives for financial reward which will conflict with owner’s desire for maximum profit
? Customers want delivery of goods as soon as possible but the managers cannot meet customer expectation because of the
cost
? Managers want to delay payment for goods bought to improve cash flow but suppliers want their money as soon as possible to avoid cash flow issues of their own
lydiajane74 answered the question on May 31, 2018 at 12:19

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