1.4 STAKEHOLDERS

Stakeholders are

• People who can influence the behaviour of the business

• Individuals, groups or organizations that are affected by the behaviour of the business

• All those parties directly working for an organizationand are affected by its actions

• The people or organizations that own shares in the business

Which of the following are internal staleholders?

• Shareholders

• Creditors

• Debtors

• Competitors

¿Which of the following is least likely to be an objective of pressure groups?

• To change government economic objectives

• To change government policy

• To influence business and consumer behaviour

• To change opinions of general public

Managers are likely to experience conflict with which stakeholder group?

• All of these stakeholder groups

• Employees

• Shareholders

• Trade Unions

Which stakeholder group is responsible for the economy of a country and often passes legislation in the interests of employees and consumers?

(a)  

(a)   are a group of stakeholders that monitor a firm's liquidity and solvency closely using financial accounts.

Boycotting is often used by pressure groups to

• Prevent employees from being able to attend work

• Push government to intruduce legislation desired by pressure groups

• Take a business to court for its socially undesirable behaviour

• Create adverse publicity for a business by encouraging customers to shun (avoid or reject) the business

Shareholders are:

• The owners of limited liabilities companies

• Entitled to receive dividends each year irrespective for the profits made

• External stakeholders of a private limited company

• Individuals or organizations with an investment interest in a particular business

The (a)   sector tends to be the biggest sector in developed economies.

A group of a company's stakeholders that do not have an interest in its success are

(a)