All the constituencies with a stake in the fortunes of the company are termed as:
Correct answer: A. Stakeholders
- A. Stakeholders
- B. Directors
- C. Chief executives
- D. SubordinatesCompare Business Loans
Explanation
Stakeholders are all individuals or groups with an interest in, or affected by, the company’s performance, including employees, creditors, customers, suppliers, and shareholders. Directors and chief executives are only particular stakeholder groups.
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Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
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