Stakeholders ( Decisions ) Flashcards

1
Q

Managers

A

consider ways to improve the performance of the business

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2
Q

Government

A

decide whether the business complies with the tax regulations and decide the amount of tax to collect from the business

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3
Q

Competitors

A

decide whether they are comparable to the business and how to improve their own performance

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4
Q

Customers

A

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

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5
Q

Suppliers

A

decide whether to sell goods to the business on credit, depending on its ability to pay

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6
Q

Lenders

A

decide whether to grant loans to the business, depend on the business’s ability to repay the loan principal and pay interest

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7
Q

Owner & shareholders

A

decide whether to continue to invest in the business or sell the business, depending on the risks and returns related to the business

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8
Q

Employees

A

decide whether to continue working at the business

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