Stakeholders ( Decisions ) Flashcards
Managers
consider ways to improve the performance of the business
Government
decide whether the business complies with the tax regulations and decide the amount of tax to collect from the business
Competitors
decide whether they are comparable to the business and how to improve their own performance
Customers
decide whether to continue buying from the business, depending on the business’s ability to provide goods/services that they need and good after-sales services
Suppliers
decide whether to sell goods to the business on credit, depending on its ability to pay
Lenders
decide whether to grant loans to the business, depend on the business’s ability to repay the loan principal and pay interest
Owner & shareholders
decide whether to continue to invest in the business or sell the business, depending on the risks and returns related to the business
Employees
decide whether to continue working at the business