Understanding Stakeholders in Business

Priya is starting a new business and is trying to understand who her stakeholders are. What is a stakeholder in the context of her business?

• A person or group who is influenced by or has a direct influence on the business

• A person who only invests money in the business

• A competitor of the business

• A customer who buys products from the business

During a business studies class, Freya was asked to identify which of the following is NOT considered a stakeholder group in a company?

• Owners

• Directors

• Competitors

• Shareholders

Why is Scarlett interested in the financial success of her business?

• To ensure the business can expand globally

• To minimise costs and maximise profits for a return on her investment

• To maintain a good relationship with employees

• To support local community projects

Chloe and Daniel have invested in a company. Which stakeholder group are they part of, primarily concerned with the return on their investment?

• Employees

• Shareholders

• Local Community

• Pressure Groups

Poppy and her colleagues are discussing their priorities as employees at their company. What is their primary interest as stakeholders?

• Maximising profits

• Job security and fair wages

• Influencing business policies

• Supporting environmental causes

Ava is researching different companies for her project on corporate responsibility. Which stakeholder group is likely to be concerned with the ethical practices of a business?

• Lenders

• Pressure Groups

• Managers

• Producers

How might the local community be affected by Isabelle's new bakery business?

• Through changes in local employment rates

• By the business's stock market performance

• By the business's international trade policies

• Through the business's internal management decisions

Neha has recently been appointed as a director at a tech startup. What is her role as a director in the business?

• To provide loans to the business

• To oversee the management and strategic direction of the business

• To purchase products from the business

• To organise community events

Samuel is reviewing the financial statements of a company to ensure that his investment is secure. Which stakeholder group is primarily interested in the repayment of loans?

• Consumers

• Lenders

• Shareholders

• Employees

In a meeting with the management team, Sebastian discusses the primary goals for the upcoming quarter. What is a common objective for managers as stakeholders?

• To ensure the business complies with legal regulations

• To maximise shareholder dividends

• To maintain a high level of employee satisfaction

• To increase the business's market share