IB BM* 1.4 Stakeholders Review

The people hired to be responsible for overseeing certain functions, operations or departments within an organization.

Which group’s main interest is how the organization’s operations impacts on the cause they support?

• A.   Managers

• B.   Trade unions

• C.   Governments

• D.   Pressure groups

These are the firm’s rivals, which operate in the same industry and contest for the same customers.

What are the owners of limited liability companies called?

• A.   Financiers

• B.   Debtors

• C.   Directors

• D.   Shareholders

Which of the following groups is not an external stakeholder for an organization?

• A.   Suppliers

• B.   Directors

• C.   Local community

• D.   Pressure groups

These stakeholders are part of the organization, e.g. employees, managers and shareholders.

Stakeholder groups that are not directly involved in the running of an organization but have a direct interest in its operations.

Which stakeholder group is interested in how much of their good or service can be provided to other businesses and when they will be paid by these business customers?

• A.   Competitors

• B.   Financiers

• C.   Suppliers

• D.   Customers

Which of the following is not an internal stakeholder group for an organization?

• A.   Employees

• B.   Directors

• C.   Customers

• D.   Shareholders

The Government is interested in a business because:

• They will want to buy the products
• They want the business to comply with the law and pay taxes
• They want good quality products
• They want to be paid the money they are owed