Section A (1-2) mistakes Flashcards

1
Q

What is deciding numbers of staff part of?

A

Resource allocation

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2
Q

Who is considered connected stakeholders?

A
  • Suppliers
  • Customers
  • Lenders
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3
Q

What is the agency problem?

A

Risk that directors run the company in their own interests

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4
Q

What would the finance function carry out to shape how?

A

Performance management and control

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