IB Business Management 1.4.1 Internal and External Stakeholders Key Definitions

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1.1 What is a business?

1.2 Types of business entities

1.3 Business objectives

1.4 Stakeholders

1.5 Growth and evolution

1.6 Multinational companies

2.1 Introduction to HR management

2.2 Organizational structure

2.3 Leadership and management

2.4 Motivation and demotivation

2.5 Organizational (corporate) culture (HL only)

2.6 Communication

2.7 Industrial/employee relations (HL only)

3.1 Introduction to finance

3.2 Sources of finance

3.3 Costs and revenues

3.4 Final accounts

3.5 Profitability and liquidity ratio analysis

3.6 Efficiency ratio analysis (HL only)

3.7 Cash flow

3.8 Investment appraisal

3.9 Budgets (HL only)

4.1 Introduction to marketing

4.2 Marketing planning

4.3 Sales forecasting (HL only)

4.4 Market research

4.5 The seven Ps of the marketing mix

4.6 International marketing (HL only)

5.1 Introduction to operations management

5.2 Operations methods

5.3 Lean production and quality management (HL only)

5.4 Location

5.5 Break-even analysis

5.6 Production planning (HL only)

5.7 Crisis management and contingency planning (HL only)

5.8 Research and development (HL only)

5.9 Management information systems (HL only)

SWOT analysis

Ansoff matrix

STEEPLE analysis

Boston Consulting Group (BCG) matrix

Business plan

Decision trees

Descriptive statistics

Circular business models

Force field analysis (HL only)

Gantt chart (HL only)

Hofstede's cultural dimensions (HL only)

Porter's generic strategies (HL only)

Contribution (HL only)

Critical path analysis (HL only)

Simple linear regression (HL only)

IB Business Management 1.4.1 Internal and External Stakeholders Key Definitions

Definition

External stakeholders

External stakeholders are individuals or groups outside the organization who are affected by its activities or have an interest in its performance. They do not directly work for the business but can influence or be influenced by its actions.

Definition

Internal stakeholders

Internal stakeholders are individuals or groups directly involved in the organization and its operations. They have a direct interest in the business’s performance and decision-making.

Definition

Stakeholders

Stakeholders are individuals or groups who are affected by or have an interest in a business's activities.

Definition

External stakeholders

External stakeholders are individuals or groups outside the organization who are affected by its activities or have an interest in its performance. They do not directly work for the business but can influence or be influenced by its actions.

Definition

Internal stakeholders

Internal stakeholders are individuals or groups directly involved in the organization and its operations. They have a direct interest in the business’s performance and decision-making.

Definition

Stakeholders

Stakeholders are individuals or groups who are affected by or have an interest in a business's activities.