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1.5 Business

Authored by (Don) Donato Nucciarone

Business

5th Grade

Used 1+ times

1.5 Business
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10 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following best describes the term stakeholder? An individual or organisation that:

Owns part of a business

Provides a business with materials

Is affected by, or has an interest in, the activities of a business

Provides finance for a business

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The owner of a building firm that plans to build a housing development on a local field has received complaints from residents in the surrounding area about the loss of greenspace. Conflict has occurred between:

The local community and the owner

Customers and the owner

A pressure group and the employees

Employees and the owner

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following describes one way employees could have an impact on business activity?

By demanding a longer payment period for supplies

By negotiating better working conditions

By no longer purchasing the goods or services of a business

By increasing the amount of tax payable on profits

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A local business wants to expand its factory to increase production capacity. Which of the following stakeholders has the authority to grant the required planning permission?

Pressure group

Shareholders

Local community

Local government

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is most likely to be the objective of a customer?

Purchasing quality products that reflect the selling price

Maximising pay levels

Increase in share price

Rise in dividend payments

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A business plans to cut jobs to reduce costs. Conflict is likely to occur between which two of the following stakeholder groups regarding this decision?

Owners and employees

Suppliers and customers

Owners and customers

Employees and local community

7.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

A private limited company decides to donate 5% of its profits to an organisation that provides a youth club facility to young people. This decision is most likely to directly affect which two of the following stakeholder groups?

Select two answers:

Employees

Suppliers

Customers

The local community

Shareholders

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