ADMS 2510 Lecture Notes - Lecture 1: Financial Statement, Ikea

• School: York University
• Department: Administrative Studies
• Course: ADMS 2510
• Professor: Donna Zathy

Document Summary

Sectors where you gather the natural resources. Basically the raw material needed before it is manufactured into something. This is where the raw material is converted into an actual item. For example, lumber is turned into tables, flour is used in bakeries, automotive parts are put together in car factories etc Here is where the goods are sold either as and individual item itself, or as a service. Ikea would sell the table made in the factory, doctors would provide medical services for people (cid:2) (cid:2) Any of the stakeholders will care about what the business is and how it is doing. They will want to know what is going on all the time within the business. Internal stakeholders work for the business, and will work hard in order to get promoted: typically the employees, marketing managers, they"d want to know how their advertising campaigns are working towards the business.