Stakeholders (VCE SSCE Business Management): Quizzes

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Stakeholders
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What is a stakeholder?

Anyone who affects/is affected by business

Which environment has stakeholders the business has NO control over?

Macro environment

What does capital appreciation refer to for shareholders?

Increase in share value over time

What are fringe benefits?

Benefits beyond normal wage/salary

What is a primary interest of customers as stakeholders?

Quality goods/services at fair prices

What conflict exists between owners/directors and shareholders?

Profit distribution: dividends vs reinvest

Which is NOT one of the four key areas of CSR?

Financial responsibility

How does CSR benefit businesses with their employees?

Improves satisfaction, motivation & loyalty

What does the community expect from businesses?

Employment & environmental responsibility

What is a key interest of suppliers as stakeholders?

Being paid promptly as agreed

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