The interests of stakeholders Flashcards
What is the interests of the owner of a business?
Profits of the business, how much they can take out in drawings and how much tax to pay
What are the interests of shareholders in a limited company
The profits of the business, how much can be paid in dividends and the likely impact on the value of their shares.
What are the interests of employees?
They expect to be paid
Job security
Pay increases/bonus
What are the interests of suppliers?
Want to receive orders
Be paid on time
What are the interests of customers?
They want the business to continue to supply products
What are the interests of lenders?
They want to know whether they will be repaid
And if the business can afford the interest
What are the interests of HM Revenue & Customs
Want to be paid correct amount of tax
What are the interests of the local community?
Want jobs to be created and protected
no pollution or traffic
What are the benefits of a business to the economy?
Taxes paid
Wealth creation
Government spending (lower unemployment)
