Stakeholder

Which of the following is not part of the external stakeholder:

• Suppliers

• Shareholders

• Government

• Customers

Which of the TWO following can be used for reducing stakeholder conflicts:

• Stake holder Analysis

• Balance sheet

• Business plan

• Stakeholder Mapping

What is the main features of Shareholder:

• They have to follow the instruction of mangers and may need training to do their work efficiently

• They will take a share of the profits if the business succeeds

• They are risk taking

• They are employed by the business

Which of the followings are the Business's responsibilities to Suppliers (External):

• Pay profit tax

• Pay fair prices and pay invoices promptly

• Avoid excessive pressure on smaller pr weaker suppliers to cut prices

• Keep within all legals limits, e.g. on employment contracts and pollution levels

Which of the following is not a method of conflict resolution.

• Profit maximization

• Share-ownership schemes

• Profit-ownership schemes

• Arbitration

Which of the following is a Business's responsibilities to Banks and other creditor (External):

• Not paying back capital owed

• To compete fairly and within the law

• Pay interest

• recognise genuine concern over business activity

True or False: Expansion of the business is a potential conflicts between stakeholder groups.

• True

• False

True or False: Arbitration resolves industrial disputes between workers and managers?

• True

• False

A statement of specIfic target to be achieved. They should be SMART.

• Revenue

• Delegation

• Objective

• Communication

Which of the following is not classification of stakeholder engagement?

• Concentrating

• Participating

• Unaware

• Leading