Classify the following Users of information as either:
Internal User
External User; trading partner
External User; Stake holder
1) IRS
2) Inventory control manager
3) Board of Directors
4)Customers
5) Lending Institutions
6)SEC
7) Stockholders
8) CEO
9) Suppliers
10)Bondholders
To classify the users of information as either internal users, external users (trading partner), or external users (stakeholders), we need to consider their relationship with the organization and the type of information they require.
1) IRS (Internal User): The Internal Revenue Service (IRS) is a government agency responsible for collecting taxes. Although it is an external entity, it is considered an internal user because it requires access to the organization's financial information for tax purposes.
2) Inventory control manager (Internal User): Typically, an inventory control manager is an internal user who monitors and manages the organization's inventory. They require access to internal inventory records and data.
3) Board of Directors (External User; Stakeholder): The board of directors is responsible for overseeing the strategic direction and decision-making of the organization. While they are external to the day-to-day operations, they are considered stakeholders with a vested interest in the organization's success.
4) Customers (External User; Stakeholder): Customers are external users who interact with the organization by purchasing its products or services. They have a stake in the organization's offerings and may require information related to their purchases or certain aspects of the company's operations.
5) Lending Institutions (External User; Trading Partner): Lending institutions, such as banks or financial organizations, provide external financing to the organization. They are considered external users and trading partners as they engage in financial transactions with the company.
6) SEC (External User; Stakeholder): The Securities and Exchange Commission (SEC) is a government agency responsible for regulating and overseeing publicly traded companies in the United States. As an external user, the SEC is a stakeholder as it requires certain information to ensure compliance with financial reporting regulations.
7) Stockholders (External User; Stakeholder): Stockholders are individuals or entities that own shares in the organization's stock. They are external users and stakeholders as they have a financial interest in the company and require information to make investment decisions.
8) CEO (Internal User): The Chief Executive Officer (CEO) is a high-level executive within the organization who has access to internal information and is responsible for overall operations and decision-making.
9) Suppliers (External User; Trading Partner): Suppliers provide goods or services to the organization. They are external users and trading partners as they engage in business transactions with the company.
10) Bondholders (External User; Stakeholder): Bondholders are individuals or entities that own the organization's debt in the form of bonds. They are external users and stakeholders as they have a financial interest and require information related to debt repayment and financial performance.
Please note that classifications may vary depending on the context and specific circumstances of the organization or industry.