Strand 1: Business in Action
Free Leaving Cert Business notes for Strand 1: Business in Action. Browse 5 topics and read online without an account.
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1.1 Key stakeholders in businessEvery business depends on groups of people who also depend on it — owners, investors, staff, customers, suppliers, neighbours and the State.1.2 Forms of business, business regulation and governanceEvery organisation operating in Ireland belongs to a broader sector of the economy based on its core purpose, ownership, and funding model.1.3 Business and the economyA stakeholder is any individual, group, or organisation that has an interest in, or is affected by, the operations and decisions of a business.1.4 The influence of national and EU policyThe Irish government cannot direct private commercial operations, but it creates a positive climate for business through financial, regulatory, and…1.5 Irish business globally and internationallyAn open economy actively trades goods and services with other nations with minimal restrictions.