1.5.1 - Business stakeholders

Front

Stakeholder

Back

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

Front

Conflict has occurred between whom regarding the housing development on a local field?

Back

The local community and the owner

Front

How can employees impact business activity?

Back

By negotiating better working conditions

Front

Which stakeholders have the objective of prompt payment for goods and services provided? Options: Suppliers, Local community, Employees, Customers

Back

Suppliers

Front

A local business wants to expand its factory to increase production capacity. Which stakeholder can grant planning permission?

Back

Local government

Front

Objective of a customer?

Back

Purchasing quality products that reflect the selling price

Front

Conflict is likely to occur between which two stakeholder groups when a business plans to cut jobs to reduce costs?

Back

Owners and employees

Front

A pressure group is best described as a group of people that seek to influence: Business behaviour, Government policy, Legislation, All of the above

Back

All of the above

Front

How can a local community most effectively influence an entrepreneur's decision to open a new, independent 24-hour fast food business in their area?

Back

Protesting

Front

Which stakeholder is most likely to have the objective of maximising pay? Options: Suppliers, Customers, Owners, Employees

Back

Employees