Lesson 1.5.1a
1.5.1a Stakeholders and their objectives Quiz: Pearson Edexcel Business, Unit 5
20 questions
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Lesson 1.5.1a, Stakeholders and their objectives: 20 multiple choice questions for the Pearson Edexcel GCSE Business (1BS0), Unit 5: Understanding external influences on business, written with Revision Ninja.
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The 20 questions
-
Which of these groups is an internal stakeholder of a business?
- Employees
- Customers
- Suppliers
- Government
-
Which stakeholder group is most focused on receiving high dividends?
- Managers
- Customers
- Shareholders
- Suppliers
-
What is a primary objective for most employees?
- Lower prices
- High dividends
- Job security
- Tax revenue
-
Which stakeholder is primarily concerned with product quality and price?
- Customers
- Suppliers
- Shareholders
- Managers
-
Which stakeholder would most likely want a business to pay its bills on time and offer fair terms?
- Local residents
- Customers
- Pressure groups
- Suppliers
-
What do local communities typically expect from a nearby business?
- Higher dividends
- Increased output
- Lower wages
- Reduced noise levels
-
Who is responsible for the day-to-day running of a company?
- Managers
- Shareholders
- Pressure groups
- Customers
-
Which stakeholder group typically campaigns against business pollution?
- Managers
- Shareholders
- Pressure groups
- Suppliers
-
Which stakeholder objective can directly conflict with shareholder profit?
- Prompt supplier payments
- Lower product costs
- Higher employee wages
- Increased tax compliance
-
What is a key objective of the government regarding businesses?
- Reducing costs
- Boosting sales
- Maximising dividends
- Collecting tax revenue
-
Which stakeholder group is most threatened by a factory closure?
- Shareholders
- Customers
- Employees
- Suppliers
-
Which group has the legal right to vote on major company decisions?
- Suppliers
- Managers
- Employees
- Shareholders
-
What is the main purpose of a pressure group?
- Collecting corporation tax
- Managing daily operations
- Purchasing company shares
- Influencing business behaviour
-
Which stakeholder is most keen for a business to expand rapidly?
- Shareholders
- Competitors
- Tax inspectors
- Local residents
-
Between which two groups does a classic business objective conflict occur?
- Government and consumers
- Employees and shareholders
- Managers and directors
- Customers and suppliers
-
Which stakeholder group is most concerned with a business's ability to pay debts?
- Employees
- Customers
- Managers
- Lenders
-
Which stakeholder is most likely to be harmed when production moves abroad?
- Existing employees
- Shareholders
- Global customers
- New suppliers
-
Which stakeholder group is directly affected by a change in retail pricing?
- Customers
- Suppliers
- Competitors
- Government
-
Which stakeholder group is primarily concerned with share value and corporate control?
- Local residents
- Employees
- Suppliers
- Shareholders
-
Which stakeholder is most likely to pressure a firm for higher wages?
- Shareholders
- Employees
- Customers
- Suppliers
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