Role and Importance of Stakeholders (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
Which stakeholder group faces conflict when a business increases its prices?
Which stakeholder group faces conflict when a business increases its prices?
Customers
When cutting costs, which group may face potential job losses?
When cutting costs, which group may face potential job losses?
Employees
Which stakeholder benefits from job security when a business enters new markets?
Which stakeholder benefits from job security when a business enters new markets?
Employees
How does an authoritarian leader typically make decisions?
How does an authoritarian leader typically make decisions?
Independently with little stakeholder input
What effect does a democratic leadership style have on stakeholder relationships?
What effect does a democratic leadership style have on stakeholder relationships?
Strengthens them through involvement
Why does The Body Shop receive less criticism from activists?
Why does The Body Shop receive less criticism from activists?
Its ethical objectives align with them
Which area is covered by government legislation affecting stakeholder relationships?
Which area is covered by government legislation affecting stakeholder relationships?
Employment rights
During economic boom periods, what becomes more feasible for businesses?
During economic boom periods, what becomes more feasible for businesses?
Investment in environmental improvements
What two factors does stakeholder mapping use to categorise stakeholders?
What two factors does stakeholder mapping use to categorise stakeholders?
Power and interest
Which element is key to effective stakeholder communication?
Which element is key to effective stakeholder communication?
Transparency about plans