Stakeholders in a business

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  • Created by: KatyX97
  • Created on: 01-04-15 17:12
Employees
Check the financial prospects of the business, likelihood of pay rise/ promotion, likelihood of continuing to receive wages
1 of 11
Owner
How profitable business is, how it is performing, what it may be worth, whether to continue business, how many drawings he can take
2 of 11
Managers
How profitable business is, what it may be worth, enable them to make decisions and future-planning, assess performance, track budgets
3 of 11
Providers of finance
Reliability of repayment
4 of 11
Local communities and national interest groups
Seek to influence business policy, jobs provided for the local area
5 of 11
Suppliers
Assess likelihood of payment and repeat orders
6 of 11
Trade Unions
Check financial prospects of business and ensure employees are offered good terms and conditions
7 of 11
Potential investors
Whether company will be sustained and check company is worth investing in
8 of 11
Competitors
Assess profitability of business and compare performance of businesses
9 of 11
Customers
Ensure business has financial strength to continue selling goods and services that they buy
10 of 11
Tax Authorities/ Government
Ensure correct tax on profits and VAT have been paid
11 of 11

Other cards in this set

Card 2

Front

How profitable business is, how it is performing, what it may be worth, whether to continue business, how many drawings he can take

Back

Owner

Card 3

Front

How profitable business is, what it may be worth, enable them to make decisions and future-planning, assess performance, track budgets

Back

Preview of the back of card 3

Card 4

Front

Reliability of repayment

Back

Preview of the back of card 4

Card 5

Front

Seek to influence business policy, jobs provided for the local area

Back

Preview of the back of card 5
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