Business Stakeholders

Who is known as a stakeholder?

• Someone who is working for a business

• Someone who is having a power over a business

• Someone who is having an interest about the business and is affected by the business

• Someone who is working inside or outside a business and having an authority over a business

Select the internal stakeholders out of the following stakeholders

• Suppliers

• Employees

• Customers

• Debtors

Out of the following objectives, which is not relevant to the customers?

• High quality products

• Creation of employments

• Reasonable prices

• Improved products

Out of the following, which is not an impact of closing down a part of the business?

• Profits will go down

• Losing jobs of current employees

• The costs will go down

• Production will decrease

Which of the following stakeholders which one is having the highest concern about the impact of business activities towards the environment?

• Managers

• Employees

• Pressure groups

• Government

Which of the following is not a result of engaging in welfare activities by a business?

• Reduction of profits

• Improving business goodwill

• Less legal issues

• Getting the support of the community

What do you think about the importance of stakeholders for a business?

• They are more important for a large scale business

• They are more important for a small scale business

• They are equally important whether the business in large or small

• They are not important for a small scale business

Out of the following, which fact would lead to a conflict between owners and employees?

• Environmental pollution

• Community welfare

• Working conditions

• Cost of production