Hey I was hoping if someone could just provide some feedback on this question I just answered
Discuss the differing opinions that TWO stakeholders may have when an LSO decides to increase prices
A shareholder is a partial owner of an organisation who retains ownership through the purchase of shares. Their primary interest is in getting a solid return on their investments and, thus, is concerned about the companies’ profits. As such, these stakeholders are benefited in relation to an LSO increasing its prices as it means the organisation’s profit margins are protected and so are their dividends.
Customers are people who purchase goods or services from a shop or business. They are primarily interested in in lower prices, better quality products and high levels of service. As such, these stakeholders are negatively impacted as they need to spend more, which goes against their interests.
I know discuss means to talk about the pros and cons but I'm not sure exactly as to what they would be for this question?
Thank you!
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