1.4 Stakeholders

Question 1

Who are the main stakeholders in a business

Answer 1

Employees, The government, Shareholders, Suppliers, Community, Customers

Question 2

Which of the following best describes the term stakeholder? An individual or organisation that:Which of the following best describes the term stakeholder? An individual or organisation that:

Answer 2

Is affected by or has an interest in the activities of a business

Question 3

Which of the following stakeholders is most likely to have the objective of receiving high
dividend payments?Which of the following stakeholders is most likely to have the objective of receiving high
dividend payments?

Answer 3

Shareholders

Question 4

Which of the following would represent a stakeholder objective of a customer?

Answer 4

Good quality products that reflect the selling price

Question 5

Reducing congestion and pollution created by a local factory is most likely to be the objective of:

Answer 5

Local community

Question 6

Which of the following stakeholders is most likely to have the objective of maximising pay?

Answer 6

Employees

Question 7

Which of the following do employees mainly provide to a business?

Answer 7

Labour

Question 8

Which of the following best describes the term supplier? An individual or organisation that provides a business with:

Answer 8

Raw materials

Question 9

A high street coffee shop uses recyclable cups. The stakeholder objective being met is:

Answer 9

Minimising environmental impact on the local community