$8$ In each independent scenario below, discuss the bias, objectives and potential conflicts that may exist between

the following users and groups:

Management of a public company with their annual bonus based on net income, and their bank who evaluates whether or not to extend their loan agreement based on meeting a Current Ratio debt covenant. $(6$ Marks$)$

The owners of a private company which is facing cash flow problems, and their bank who is deciding whether or not to extend additional credit to the company. $(6$ Marks$)$

A union that is starting to negotiate a new collective bargaining agreement, versus the company's management who is evaluated based on their ability to reduce operating expenses. $(6$ Marks$)$

Your response should be in written form, and should contain the following:

Identify each user group.

What specific needs, biases and$/$or objectives does each user group have?

What potential conflicts exist between each user group, based on each user group's unique needs, objectives and$/$or biase

Respond to each scenario separately. Your response to each scenario should contain $3-5$ sentences