ACC 100- Final Exam Guide - Comprehensive Notes for the exam ( 32 pages long!)
30 Nov 2017
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Business: making, buying or selling goods or providing services in exchange for money. Mothe(cid:396) (cid:374)atu(cid:396)e"s sector (i. e. potato farms, oil, coal mining: secondary sector (manufacturer) Restaurants, hairdressers, music shops, airplane to customers. Retailer: earns profit by reselling goods or services to customers to satisfy wants and needs. Wholesaler: buys large quantities of goods from manufacturers and resells them to retailers. Stakeholders: individuals in the business that are affected by the actions of business. Internal stakeholders: users of information in a company. Marketing manager (capital structure, debt, equity, shares) External stakeholders: users of information outside of a company. Creditor (banks) (loan you money, % interest) Analyst (independents decision, buy, sell, hold) Investor (customers) (good investments? dividends, growth company) Cyu1-2: what is the main objective of a customer who buys a car from the ford motor. The main objective of a customer who buys a car from the ford motor company wants to invest.
