7. A business stakeholder is a person or entity having an interest in the economic performance of the business. Business Stakeholders Users ??
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10. The Process of Providing Information 2 Assess stakeholders’ informational needs. STAKEHOLDERS Internal: Owners, managers, employees External: Customers, creditors, government 1 Identify stake-holders.
11. The Process of Providing Information Accounting Information System Design the accounting information system to meet stakeholders’ needs. 3 4 Record economic data about business activities and events.
12. Accounting Information System The Process of Providing Information 5 Prepare accounting reports for stakeholders. STAKEHOLDERS Internal: Owners, managers, employees External: Customers, creditors, government
15. Manufacturing Business Types of Businesses Product Proton Cars, automotive parts Intel Computer chips Boeing Jet aircraft Nike Athletic shoes and apparel Coca-Cola Beverages Sony Stereos and television
16. Merchandising Business Types of Businesses Product Jusco General merchandise Toys “R” Us Toys Tower Records Music & video records Guardian Beauty & health products Amazon.com Internet books, music, video retailer
17. Service Business Types of Businesses Product Disney Entertainment Malaysia Airline Transportation Hilton Hotels Hospitality and lodging A Cut Above Hairdressing services Maxis Telecommunication