Businesses have different types of internal and external stakeholders, with different interests and priorities. Sometimes these interests can conflict.
managerA person in charge of others, or responsible for organising and guiding work. are entrusted by owners with the day-to-day running of their businesses. Managers have to motivate employees to be productive and to offer excellent customer service. Managers also have to report to the owners.
Managers live by their results. Poorly performing managers do not last long in post.
Managers have an interest in a business doing well so that they:
get promoted
win bonuses
have job security
Managers can influence how a business operates by:
hiring and firing
creating company policies
making day-to-day decisions and long term decisions