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Stakeholder relationships

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Discuss how changes might impact stakeholder relationships that an organization has with financial institutions.

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This solution discusses the stakeholder relationships that an organization has with financial institutions. The explanation is given in 417 words.

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Problem: Discuss how changes might impact stakeholder relationships that an organization has with financial institutions.

Solution:

Stakeholders are the parties who have interest in the organization. It includes users of accounting information are individuals and other enterprises that have a financial interest in the reporting enterprise, but they are not involved in the day-to-day operations of that enterprise. Thus it includes Owners, ? Creditors, Labor unions, Governmental agencies, Suppliers, Customers, Trade associations, Financial institutions and General public.
Each of these groups of external decision-makers requires unique information to be able to make decision about the reporting enterprise. Investors and ...

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