The E in ESG
What is Environmental
A situation where both parties get along is an example of this
What is a Cooperative Relationship
These stakeholders often provide funding to startups and emerging companies in exchange for equity. Who are they?
Who are Investors
This is a company that is owned and controlled by the Irish Government
What is a Public Enterprise?
Song 1
Been Like This - Meghan Trainor
The S in ESG
What is Social
Two farmers from Kerry trying to win a contract with a Dublin company would be an example of this
What is a competitive relationship?
In the business world, who are the organizations or companies that offer similar products or services and vie for the same market share?
Who are Competitors
These Enterprises are motivated by social objectives. They include charities, social enterprises and non-governmental organisations (NGOs).
What is a Social Enterprise/Not For Profit
Song 2
Training Season - Dua Lipa
The G in ESG
What is Governance
Shareholders and Entrepreneurs might have this type of relationship
What is a Dynamic Relationship
What entity sets and enforces rules and regulations that businesses must adhere to in order to operate legally?
Who are the Government
This is an organisation that stores information on all Irish companies and businesses. It is used to register a company and a company name.
What is the CRO/Company Registration Office
Song 3
Nonsense - Sabrina Carpenter
This EU Regulation helps protect our information (Double Points for the full name)
What is GDPR
A situation where one stakeholder really needs another stakeholder
What is a dependent relationship
In a business, which stakeholder group is responsible for providing labor and expertise in exchange for compensation?
Who are Employees
Examples of this include McDonalds, Burger King & Subway
What is a Franchise
Song 4
Good Luck Babe - Chappel Roan
This 6 letter acronym helps protect us consumers from all the way back in the 80s
What is SOGSOS
Two Football teams competing for the signature of a player would have this type of relationship
What is a competitive relationship
SIPTU, ASTI and IFA are examples of these
What are Interest Groups
With this the owners of the business are personally liable for any debts that occur if the business goes bankrupt. This could mean that any personal savings the owners have or property they own may have to be used to pay off any business debts should the business fail.
What is Unlimited Liability
Song 5
Unwritten - Natasha Beddingfield