Stakeholders Quiz

What are stakeholders?

• Individuals or groups affected by a business's activities

• Only the owners of a business

• Only the employees of a business

• Only the customers of a business

Which of the following is an internal stakeholder?

• Customers

• Suppliers

• Government

• Employees

What is one possible responsibility of employees?

• To be kept informed of business activities

• To receive a share of profits

• To provide goods of high quality

• To be paid fairly

Which stakeholder group is primarily concerned with profit maximization?

• Suppliers

• Shareholders

• Customers

• Employees

What is a key benefit of engaging with stakeholders?

• Less community involvement

• Reduced employee loyalty

• Better quality suppliers

• Increased costs

Which of the following is an external stakeholder?

• Managers

• Employees

• Shareholders

• Banks

What might happen if a business ignores its stakeholders?

• Negative publicity and potential loss of support

• Improved supplier relationships

• Higher employee morale

• Increased customer satisfaction

What is the purpose of a stakeholder map?

• To plot stakeholders' power and interest levels

• To analyze market trends

• To identify the best suppliers

• To determine employee salaries

Evaluate the advantages and disadvantages of a business working with stakeholders