POA 1.3

Cards (8)

  • Owners and shareholders consider whether to continue investing in the business or sell the business, depending on the risks and returns related to the business.
  • Managers consider ways to improve the performance of the business.
  • Employees decide whether to continue working at the business.
  • Lenders decide whether to grant loans to the business, depending on the business’ ability to repay the loan principal and pay interest.
  • Suppliers decide whether to sell to the business on credit, depending on its ability to pay.
  • Customers decide whether to buy from the business, depending on the business’ ability to provide the goods and/or services that they need and good after-sales service.
  • Government decides whether the business complies with the tax regulations and decides the amount of tax to collect from the business.
  • Competitors decide whether they are comparable to the business and how to improve their own performance.