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IB Business Management - 1.4 Stakeholders + SWOT

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which of the following is both an internal and external stakeholder of a nuclear power plant? 

a)

The municipal government that has provided the plant with several tax credits and financial assistance over the years

b)

A bank to whom a company owes a long term loan

c)

A company shareholder who resides near the plant

d)

An environmental activist whose father works for the company

2.

Which stakeholder group would most likely have the following priorities: return on investment, profitability, capital gains and dividends?

a)

Managers

b)

Directors

c)

Customers

d)

Shareholders

3.

What is the role of the supplier as a stakeholder?

a)

To raise employment levels

b)

To provide the business with inventories needed for production

c)

To increase wages

d)

To highlight environmental concerns

4.

A decision to introduce new machinery at a refinery could reduce the number of jobs but lead to higher profits. Which stakeholder groups have the most conflicted interests in this scenario?

a)

Customers and Consumers

b)

Government and customers

c)

Owners and customers

d)

Owners and employees

5.

Which of the following is not an internal stakeholder group?

a)

Employees

b)

Middle managers

c)

Customer

d)

Shareholders

6.

Stakeholder groups that are not directly involved in the running of an organization but have a direct interest in its operations.

a)

Internal Stakeholders

b)

External Stakeholders

7.

TRUE OR FALSE

Shareholders (owners of limited liability companies) are a type of stakeholder group.

a)

True

b)

False

8.

TRUE OF FALSE - Stakeholder mapping is a tool that involves organizing stakeholders in a matrix based on their degree of ownership and level of interest in the business.

a)

True

b)

False

9.

SWOT analysis considers both internal factors and external factors in the business environment. Which two factors are internal?

a)

Strength and Opportunities

b)

Weakness and Threats

c)

Threat and Opportunity

d)

Strength and Weakness

10.

This Business Management tool provides a framework for strategic analysis to allow managers to assess the current situation facing an organization.

a)

STEEPLE

b)

SWOT

c)

Business Plan

d)

Mission and Vision Statement