Stakeholders and their interactions with the business

Question 1

Owners and Shareholders interactions with the business

Answer 1

Contribute Capital to the business and expect profit distribution in return

Question 2

Managers interactions with the business

Answer 2

Work for the business and devise strategic plans to run the business efficiently.

Question 3

Employees interaction with the business

Answer 3

Work for the business and perform executive duties

Question 4

Lenders interaction with the business

Answer 4

Makes money available to the business and expect it to be fully repaid with interest

Question 5

Suppliers interaction with the business

Answer 5

Supply goods/services to businesses

Question 6

Customers interaction with the business

Answer 6

Buy goods/services from the business

Question 7

Government interaction with the business

Answer 7

Enforce tax regulations

Question 8

Competitors interaction with the business

Answer 8

Sell similar goods and/or services as the business