Shareholder Approach
Shareholder Approach in a Nutshell The shareholder approach is a model of corporate governance where the primary purpose of a business is to maximise profit and returns for its shareholders. Decisions on…
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9 min
Spec point: GCSE AQA – 3.1 Business in the Real World
Every note that covers this specification point.
Stakeholder Interest
Stakeholder Interest in a Nutshell Stakeholder interest refers to the specific concerns, goals or expectations that a stakeholder group holds in relation to a business. These interests vary by group: shareholders typically…
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9 min
Stakeholder Power
Stakeholder Power in a Nutshell Stakeholder power refers to the ability of an individual or group to influence a business’s decisions and direction. It depends on factors such as financial investment, legal…
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9 min
Stakeholder Mapping
Stakeholder Mapping in a Nutshell Stakeholder mapping is a visual tool that classifies stakeholders by their level of power and interest in a business. It helps managers decide who to prioritise and…
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9 min
Stakeholder Conflict
Stakeholder Conflict in a Nutshell Stakeholder conflict occurs when two or more stakeholder groups have competing interests that cannot all be satisfied at the same time. A business must then prioritise one…
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8 min
External Stakeholder
External Stakeholder in a Nutshell An external stakeholder is any individual, group or organisation outside a business that is affected by, or can influence, its activities. Common examples include customers, suppliers, the…
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10 min
Internal Stakeholder
Internal Stakeholder in a Nutshell An internal stakeholder is any individual or group that operates within a business and has a direct interest in its performance. Employees, managers, directors, and owners are…
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9 min
Stakeholders
Stakeholders in a Nutshell Stakeholders are individuals or groups who have an interest in a business and can be affected by its activities. They include employees, customers, shareholders, suppliers, the government and…
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9 min
Financial Objectives
Financial Objectives in a Nutshell Financial objectives are specific, measurable monetary targets a business sets to guide its decision-making and measure performance. Common examples include revenue growth, profit maximisation, and return on…
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9 min
Community Interest Company
A community interest company (CIC) is a special type of limited company designed to use its profits and assets for the benefit of a community rather than private shareholders. CICs must pass a "community interest test" and are regulated by the CIC Regulator. They can trade, earn profits, and pay staff, but face restrictions on profit distribution.
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10 min
Charity
A charity is a not-for-profit organisation that exists to serve a social, environmental, or humanitarian cause rather than to generate profit for owners or shareholders. Charities raise funds through donations, grants, and trading activities, then reinvest all surplus income back into their mission.
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11 min
Public Limited Companies
A public limited company (PLC) is an incorporated business that sells shares on a stock exchange to the general public. It must have a minimum share capital of £50,000, at least two directors, and a qualified company secretary. PLCs can raise large amounts of capital but face strict regulation, public scrutiny, and the risk of hostile takeovers.
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18 min