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MNG3701 - CHAPTER 1 ASSIGNMENT SEMESTER 1
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5
April 2024
2023/2024
A+
Purpose of Business Organization –
* To the Entrepreneur it is the profit he makes from his business
* To the consumer it is the value of the service or product
* To employees it is their salary/wage earned
* To an organization it can be selling shares to shareholders
Stakeholders - Any person or group of people that have (or claim to have) an interest in an organization and its activities.
Stakeholder Expectations –
* Customers - quality products and good service
* Suppliers -...
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