Stakeholders and their interests

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owners
need to know if a business if profitable and assess liquidity
1 of 10
managers
to make decisions, plan for the future and exercise control. DECIDE PLAN CONTROL
2 of 10
suppliers
to assess whether the business is able to pay for goods and services supplied according to the agreed terms
3 of 10
customers
to assess the continued viability of the business to meet their needs
4 of 10
providers of finance
lenders need to assess wither the business can continue to pay back both borrowings and interest due.
5 of 10
employees
assess whether a business can continue trading and therefore continue providing and employment and pay wages due.
6 of 10
government
assess how much income tax and VAT is due
7 of 10
competitors
to assess how well their own business is performing in comparison. to identify and rectify and problems
8 of 10
potential investors
to assess the viability of investment in the business
9 of 10
local community
to assess the impact of the business on local community issues and the environment
10 of 10

Other cards in this set

Card 2

Front

to make decisions, plan for the future and exercise control. DECIDE PLAN CONTROL

Back

managers

Card 3

Front

to assess whether the business is able to pay for goods and services supplied according to the agreed terms

Back

Preview of the back of card 3

Card 4

Front

to assess the continued viability of the business to meet their needs

Back

Preview of the back of card 4

Card 5

Front

lenders need to assess wither the business can continue to pay back both borrowings and interest due.

Back

Preview of the back of card 5
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