1.1 Read the scenario below and answer the questions that follow KANDRA TRADERS (KT) Kandra Traders aattracts Investors which enables the business to expand its activities. The management of KT involves stakeholders in joint decisions-making and learn from their employees. They also keep a record of the people buying their products. The management of KT struggle to keep their expenses low. Some of KT's products are similar to Feruza Traders products. 1.1.1 Identify KT'S THREE key success factors. Motivate your answer by quoting from the scenario above. (9)

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27-08-2022
Business

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1.1 Read the scenario below and answer the questions that follow KANDRA TRADERS (KT) Kandra Traders aattracts Investors which enables the business to expand its activities. The management of KT involves stakeholders in joint decisions-making and learn from their employees. They also keep a record of the people buying their products. The management of KT struggle to keep their expenses low. Some of KT's products are similar to Feruza Traders products. 1.1.1 Identify KT'S THREE key success factors. Motivate your answer by quoting from the scenario above. (9)

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rafikiedu08 rafikiedu08 · Answer 1 · 2022-09-02T07:28:37+02:00

KT'S THREE key success factors is Its Stakeholder.

A stakeholder has a vested interest in a company and can either affect or be affected by a business' operations and performance.

Typical stakeholders are investors, employees, customers, suppliers, communities, governments, or trade associations.

An entity's stakeholders can be both internal or external to the organization.

Shareholders are only one type of stakeholder that firms need to be cognizant of.

The public may also be construed as a stakeholder in some cases.

A stakeholder is a party that has an interest in a organization and might either affect or be affected by the business. The primary stakeholders in an ordinary enterprise are its traders, employees, clients, and providers.

but, with the growing interest on corporate social obligation, the concept has been extended to consist of communities, governments, and trade institutions.

Learn more about stakeholder https://brainly.com/question/14514176

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