
To think critically about: The stakeholders in the business of a restaurant in a community.
Introduction:
The stakeholders are the individuals that have interest in the business operations. These stakeholders are mainly the investors in the company or the customers and suppliers that are affected by the profits as well as the losses of the company.

Explanation of Solution
Given information:
The assessment about the stakeholder for a new start up restaurant in a community has to be made.
Explanation:
The stakeholders that tend to show interest in the new start up of a restaurant in a community are mainly:
- The employees of the restaurant as they want job security.
- The customers as they want the food worth of its price and a good taste.
- The bank that gave the owner loan for the start up as the success of the restaurant mainly determines the loan repayment on time.
- The community in which the restaurant has to be started as they will be affected by the location of the restaurant and all their work.
Therefore, stakeholders that are expected to be interested in the start up of a restaurant are mainly the customers, the bank, community people and its employees.
Want to see more full solutions like this?
Chapter 1 Solutions
EBK UNDERSTANDING BUSINESS
- Question 4 Elaborate on any five (5) pitfalls in the design of business research questions. (10 marks)arrow_forwardQuestion 3 a) Elaborate on any five (5) requirements for an acceptable or good research. (10 marks)arrow_forwardQuestion 2 State and explain any five (5) factors which affect internal validity of quantitative research process. (10 marks)arrow_forward
- Required Elaborate on the main steps involved in understanding and using survey results (20arrow_forwardPlease give me true answer this financial accounting questionarrow_forwardWhy is it considered a best practice to properly close a project? In what situation would it be beneficial to conduct a project audit?arrow_forward
- Clearly, the current group decision-making is flawed. Discuss the current group decision-making process and its impact on the current situation at TeraCog.arrow_forward9. Research Methodology Fully explain the Quantitative research methodology and add in the following sub-sections: · Data Collection · Data Analysisarrow_forward. How have departmental and individual objectives led to the current situation at TeraCog? How has the group structure impacted the current situation at TeraCog?arrow_forward
- Name and industry of the organization. Type of program recognizing employee contributions used. Impact of the program on performance, morale, motivation and competitive advantage in the industry.arrow_forwardPlease help writing a Capstone project proposal with the following guidelines: Topic : Investigation on the impact of Technology in the Work Place Table of Contents Title. Background to the Problem / Rationale. ( Half a page) Literature Review.. ( two pages maximum) Problem Statement / Research Problem... Aim of the Study. Research Objectives. Research Questions. Significance of study. Research Methodology. Target Population. ( use target population of 75) Sample Size. ( use sample size of 63) Bibliography. Appendices.arrow_forwardPlease original work (Please no Ai) Background information This chapter has a number of different evaluation and control frameworks represented. This is intentional; however, there are many more. These issues are critical because in order to establish the direction and level of goals that are realistic, you must first understand the firm capabilities and determine if the goals are achievable. The ability to accurately measure what you set out to evaluate is critical because if you are measuring phenomena A while assuming it is B you are evaluating, your alliance may never reach its full potential. What do you think are the five most critical issues in designing an evaluation and control system for obtaining technology externally? Why do you believe these issues are critical. Please cite in text references and add welinksarrow_forward
- Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningFoundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub


