Suppliers
What Suppliers means in Business GCSE, as defined for AQA, Pearson Edexcel.
Definitions of Suppliers
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Check what you remember
Read the wording for your board, then hide it and explain Suppliers in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
A stakeholder group that relies on prompt payment and regular, profitable orders, requiring reliable contracts and timely payments to maintain their own cash flow.
Stakeholders who provide materials or services and depend on prompt payment and continued orders.
Topics that use Suppliers
- Stakeholders (AQA GCSE)
- Business stakeholders (Pearson Edexcel GCSE)
Related terms
- Stakeholder
- Stakeholder objectives
- Business decision making
- Conflict between stakeholders
- Conflict of interest
- Dividend payments to owners
- Dividends
- Environmental impact on local community
Using Suppliers in the exam
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