Economic Agents

Economic Agents

Courses Info

Level: AS Levels, A Level, GCSE – Exam Boards: Edexcel, AQA, OCR, WJEC, IB, Eduqas – Economics Revision Notes


Stakeholders are anyone who is interested in how a business is run


The share price and value of the dividend goes up as shareholders want the firm to make a large amount of profit


Consumers want to buy their goods / services at a low price and of a high quality


Employees want high wages and good working conditions, encouraging their productivity to be high


Managers want to earn corporate perks such as a company car, as well as personal benefits of large bonuses / salaries and more leisure time


Government want to generate as much tax revenue as possible – this is collected by taxing businesses on the profits they make (known as Corporation Tax)


Suppliers provide their goods / services to firms and therefore want firms to stay in business so they still have customers.


Quick Fire Quiz – Knowledge Check

1. Define ‘Stakeholder’ (2 marks)

2. Identify and explain six different types of stakeholders (12 marks)


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