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WorksheetsStakeholder quiz
Total questions: 23
Worksheet time: 14mins
Which definition best describes a stakeholder?
An individual or group or organisation that has an interest in the activities of a busines.
A person or organisation that has a financial stake in a business.
An individual that purchases products/services from a business.
All the internal individuals that are involved in a business such as employees and owners.
Choose the correct stakeholder: A person that works for a business
Owner/Shareholder
Customers/Consumers
Government
Employee
Choose the correct stakeholder: A person who has just purchased a stake in a business.
Owner/Shareholder
Customers/Consumers
Government
Employee
Choose the correct stakeholder: A student of grade 12 goes into the Adidas shop and purchases some trainers.
Owner/Shareholder
Customers/Consumers
Government
Employee
Choose the correct stakeholder: The people that add up all the tax collected to see what they can budget for public services.
Owner/Shareholder
Customers/Consumers
Government
Employee
Choose the correct stakeholder: Residence of a countryside village protesting the opening of a plastic burning factory outside their homes.
Suppliers
Local community
Lenders
Competition
Choose the correct stakeholder: Cardboard box company I use for my healthy lunch takeaway business.
Suppliers
Local community
Lenders
Competition
Choose the correct stakeholder: Mcdonalds, Burger king, KFC, Popeye's, Lotteria, Jollibee would all call themselves this.
Suppliers
Local community
Lenders
Competition
Choose the correct stakeholder: Techcom Bank super low interest business loans
Suppliers
Local community
Lenders
Competition
Which stakeholder is most effected?
Working hours 6AM - 9PM, 20kVND per hour, very high staff turnover
Employees
Owners/shareholders
Customers/consumers
Government
Which stakeholder is most effected?
My business has a very high gross profit but due to extremely high fixed costs my net profit is -$1billion
Employees
Owners/shareholders
Customers/consumers
Government
Which stakeholder is most effected?
As my business is growing in popularity I decide to increase the sales price of my product by 300%
Employees
Owners/shareholders
Customers/consumers
Government
Which stakeholder is most effected?
By putting my Headquarters of my business in a tax haven and using some creative accounting so all my global sales come from the same country I pay $0 tax despite making a profit of $650 million.
Employees
Owners/shareholders
Customers/consumers
Government
Which stakeholder is most effected?
As a way to improve the reputation of my brand I decide to create a scholarship program for the best and most under privileged students in a small mountain area of Vietnam.
Local community
Suppliers
Lenders
Competition
Which stakeholder is most effected?
I currently purchase my raw materials from Vietnam, due to increased taxes and inflation I am considering purchasing my raw materials from a cheaper country.
Local community
Suppliers
Lenders
Competition
Which stakeholder is most effected?
Unfortunately after Covid my business has failed. I maxed out my overdraft and have no way to pay my business loans and thus have filed for bankruptcy.
Local community
Suppliers
Lenders
Competition
Which stakeholder is most effected?
I decide to run a $200 Million marketing campaign which is hugely successful and boosts my sales by 400% and my market share by 26%
Local community
Suppliers
Lenders
Competition
A company is considering expanding into a new market with stricter environmental regulations than its current operations. Which stakeholder group is MOST likely to have the STRONGEST OPPOSITION to this expansion?
Investors seeking high returns
Government officials in the new market
Existing employees worried about job security
Local communities concerned about environmental impact
A startup is developing a revolutionary healthcare product, but faces potential ethical concerns from some groups. To effectively manage stakeholder concerns, the startup should:
Ignore the concerns and prioritize rapid market entry.
Publicly announce the product launch and address concerns later.
Engage in open dialogue with all stakeholders, including those with ethical concerns.
Prioritize the concerns of investors over other stakeholder groups.
A large retailer implements a new policy requiring suppliers to pay their workers a living wage. This policy is likely to:
Increase costs for the retailer and ultimately consumers.
Benefit all stakeholders equally, including suppliers and employees.
Improve brand reputation and attract ethically conscious consumers.
Negatively impact sales due to potential price increases.
A local community is invited to provide feedback on a proposed development project. Which stakeholder group is MOST LIKELY to have concerns that require SPECIFIC mitigation strategies?
Shareholders of the development company
National environmental organizations
Local residents directly impacted by the project
Industry analysts focusing on the project's economic impact
A company faces pressure from both employees and customers to address climate change. The CEO should prioritize:
The demands of the group with the loudest voice.
Balancing the needs of all stakeholder groups based on their potential impact.
Focusing solely on short-term financial interests.
Ignoring stakeholder concerns and focusing on business growth.
Imagine you are the CEO of a company facing a challenging stakeholder situation. What 3 key principles would guide your approach to stakeholder engagement and decision-making?
