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Unit 1 The business Environment

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Unit 1 BTEC Business Nationals The Business Environment Assignment (P2) poster (DISTINCTION)

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March 6, 2025
Number of pages
4
Written in
2021/2022
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Siphen
 Different stakeholders in Siphen:
 Customers
 Employees
 Suppliers
 Owners/Shareholders
 Government
 Investors


 Why they are interested in the business:
 Customers of Siphen – They are interested because they want quality
products and if a company is able to produce good quality, value for money
goods then they will attract customers.
 Customers are interested in Siphen as they produce services and products,
that are good quality and reasonably priced.
 Employees that work for Siphen – They are interested when their company
provides them with a secure employment, promotions, added bonuses and
a good salary.
 Suppliers that deliver goods and services to Siphen – They are interested
in a business that is prompt with the payment, and values their company.
 Owners/Shareholders of Siphen – Owners are considered the most
important stakeholder and they want to see their profits increase, and see
their business flourish.
 Government – They are interested in businesses that can provide
employment, businesses that are successful and can pay taxes promptly.
They also want successful businesses that can better the society.
 Investors that have invested in Siphen Technologies – They are interested
in a business that can will be successful and will fetch them more money on
their investment rather than in the stock market.


 What do they want from the business?
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