Read this article.
With
shops cutting prices to try and boost sales in the run up to Christmas, which
stakeholders are benefitting and which are losing out? Try and explain your
answer. Remember, a stakeholder is anyone with an interest in a business.
the prices are cutting because of the sales falling, this makes the customers buy more from them but it is not as much of a benfit for the business 'owner' or 'owners'
ReplyDeletejosh taylor
the investers are losing out because the company isnt making as much money.
ReplyDeletealso employees are losing out because they may not be getting paid as much because the products arent being sold and so not as much money is being made.
- The Customers, there will be cheaper prices for the products which they want
ReplyDelete- The shop, they will get more people inside the shop and get more people to buy the product in the shop
Andrew Lee
the costmors are benifiting from the discounts
ReplyDeleteand
the investors wont be happy because they will lose mony
The customers will be happy because they will save money and get the same product
ReplyDeleteLabor will not be happy as lower prices mean less money in the company and so they may be made redundent
Matt Young
Stakeholders affected:
ReplyDelete- Employees: if no customers they cant get paid, no income, have to drop prices.
- Suppliers: no products being bought so no income = losing money
- Managers/Owners: have to lower prices, sack employees, no income.
-Investors: losing out on business oppurtunities.
Lucy Kyne.
customers are happy and the worker in the business arent this because there are sales so the business are missing out on money
ReplyDeletezak smeeth
benefitting
ReplyDeletesuppliers
business are buying more stock to sell which means more profit for the suppliers
losing out
labor
if business has less money less is spent on wages
by Jamie Bobillier
The stakeholders which will be affected are the following -
ReplyDelete- Suppliers because with the sales down , they are loosing money as shops dont need to buy new stock
- Empoloyees because with no customers buying the products , they are not getting any income , dropping the prices of there wage or even sacked
- Mangers will have to lower prices and maybe even sack empoloyess
It will benefit the cutomers because the price will go down so therefore more people will be able to afford the products.
ReplyDeleteit wont be benefiting the owner as the sales will go down and they won't make big profit.
From Sofia
The customers would benefit because they are getting things cheaper items.
ReplyDeleteManufacturers could benefit because they might get more sales, but could lose out as they may not get as much money, this is because if they are selling something previously at £10 and it costs £5 to make, then they get a £5 profit, but if they put it on sale and sell it for £7 they wont make as big a profit, only £2.
Rick Taylor
The customers would benefit because of the reduction in prices.
ReplyDeleteThe owner would lose out because the sales would have dropped as well as prices, meaning less profit for them.
The suppliers would lose out because less people are buying them so they will have to cut prices as well as the store.
Adam Walker
Customers and Consumers will benefit as the prices lower because they will not have to pay as much to get the same products. The employees will probably not get as much pay as the shop will be making less profit
ReplyDeleteConnor W.
benefiting: customers as the prices are reduced meaning that they will spend less money for more
ReplyDeleteLosing out:owners as due to cutting prices then the profits will decrease as revenue will decrease
Kevin
Benefitting:
ReplyDeleteSuppliers more stock will be brought off them therefore they will earn more profits.
Losing out:
Employees won't get any Christmas bonuses or any tips from the manager(s). Whereas other years they have got these bonuses.
-Brandon-
Customers who are a type of stakeholder will be benifiting as they are spending less money on what they want to buy. The actual shop will be benefiting because they will get more sales than usual if the prices are lower.
ReplyDeleteThe manufacturer could be losing out because they will be getting less money if the prices are lower.
Alex Fuller
The costumers would benifit because they are getting items cheaper and then they would save money.
ReplyDeletemanufactures could benift if they get more sales,but also could loose out if they dont get enough sales.
Danny Kavanagh
Customers are a stakeholder and would benefit as the prices would be lower and spend less.
ReplyDeleteManufacturers are also a stakeholder and could benefit and losing out as they could have more sales but also could lose money as they aren't getting paid as much as the prices are lower and so the manufacturing prices would be lower so the company would get bigger profits.
James Yau