Stakeholders, why they would be interested

Question 1

Banks

Answer 1

Will be interested in business’s accounts because they may have lent money and will want to see whether the business can pay it back

Question 2

competitors

Answer 2

May want cooperation and support. Businesses will need to keep an eye on how these lot are performing and will need to try and attract customers from them

Question 3

Owners/Shareholders

Answer 3

Will want to see how much profit the business has made. They will also want to know the value of their ‘stake’ in the company.

Question 4

Customers

Answer 4

Want value for good money good quality products and service

Question 5

Workers

Answer 5

Will want to see how much profit the business has made. If the business has made high levels of profits employees may be looking for an increase in wages.

Question 6

government

Answer 6

Want to reduce unemployment, so they would like local businesses to provide jobs for people

Question 7

Local community

Answer 7

would be interested in finding a job or want noise and air pollution in the area to be low

Question 8

Suppliers

Answer 8

Will be interested in whether the business can pay its raw materials on time. Would like big orders from their customers.