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Stakeholders

Stakeholders

Assessment

Presentation

Business

9th - 12th Grade

Practice Problem

Easy

Created by

carolyn smarr

Used 1+ times

FREE Resource

19 Slides • 20 Questions

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Multiple Choice

Why is it important for businesses to understand the different types of stakeholders and the potential conflicts between them?

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To improve product quality

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To increase employee satisfaction

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To make better strategic decisions

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To reduce marketing costs

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Multiple Choice

Which of the following best describes a stakeholder in a business?

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An individual or group with an interest in and affected by the activities of a business

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Only the owners of a business

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Only the customers of a business

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Anyone who buys products from a business

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Multiple Select

Which of the following are internal stakeholders?

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Owners

2

Local community

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Employees

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Suppliers

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Open Ended

Explain the difference between internal and external stakeholders, providing examples from the table.

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Fill in the Blank

Shareholders are interested in ___ and dividends.

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Multiple Choice

Match each stakeholder to their main interest in a business: Employees, Customers, Suppliers, Government.

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Employees - Job security and satisfaction; Customers - Value for money and service; Suppliers - Profitable trade and timely payments; Government - Compliance with laws and regulations

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Employees - Profitable trade; Customers - Compliance with laws; Suppliers - Job satisfaction; Government - Value for money

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Employees - Value for money; Customers - Job satisfaction; Suppliers - Compliance with laws; Government - Profitable trade

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Employees - Compliance with laws; Customers - Profitable trade; Suppliers - Job satisfaction; Government - Value for money

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Multiple Select

Which three of the following are stakeholders in 'Sandwiches to Go'?

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Owners of the railway station

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Commuters who pass by Sandwiches to Go

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Staff who work at Sandwiches to Go

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Customers of Sandwiches to Go

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Owner of Sandwiches to Go

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Multiple Choice

Which group is most likely to support giving employees a raise for hard work?

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Employees

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Shareholders

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Customers

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Suppliers

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Open Ended

Explain one potential conflict that might arise between shareholders and stakeholders when a business decides to close down several stores, as seen in the Tesco example.

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Multiple Choice

Which stakeholder is most likely to be affected if Tesco increased the prices of their products?

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Customers

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Managers

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Suppliers

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Workers

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Fill in the Blank

Fill in the blank: Internal stakeholders are groups or individuals within an organisation who have an interest in the business, while ___ stakeholders are outside the organisation.

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Open Ended

How might a business objective satisfy some stakeholders but not others? Give an example based on the stakeholders shown in the diagram.

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Multiple Select

Select all the groups that are considered business stakeholders from the diagram.

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Owners

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Customers

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Shareholders

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Suppliers

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Open Ended

Identify and explain two stakeholder groups that could be affected by GXC’s decision to invest in new machinery.

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Multiple Select

Which of the following stakeholder groups may be negatively affected by the redundancy of 100 employees at GXC?

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Employees

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Customers

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Government

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Suppliers

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Open Ended

How can peer assessment using WWW and EBI help improve a student’s answer to a business studies question?

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Fill in the Blank

Fill in the blank: A __________ refers to a person or group of people who have an interest in a business’s performance.

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Multiple Choice

According to the Learning Hierarchy, what does it mean if a student can teach others and repeat/apply in another context and at another time?

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They need help and possibly one to one support

2

They understand and can repeat/apply

3

They can teach others and repeat/apply in another context and at another time

4

They follow you and understand

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Multiple Choice

Which of the following groups can be considered external stakeholders of Apple?

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Apple employees

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Apple shareholders

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Local community

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Apple managers

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Open Ended

Reflecting on today's lesson about stakeholders and stakeholder conflict, what is one key concept you learned that you think is important for understanding business relationships?

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