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Which one of the following best describes the owner of a business? Select one answer - Edexcel - GCSE Business - Question 2 - 2017 - Paper 1

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Which one of the following best describes the owner of a business? Select one answer. A Internal stakeholder B Manager C External stakeholder D Employee

Worked Solution & Example Answer:Which one of the following best describes the owner of a business? Select one answer - Edexcel - GCSE Business - Question 2 - 2017 - Paper 1

Step 1

Which one of the following best describes the owner of a business?

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Answer

The owner of a business is best described as an Internal stakeholder. Internal stakeholders are individuals or groups that have a direct interest in the operations of the organization. In this case, the owner, Kevin, is directly involved in the business activities and decisions, which makes him an internal stakeholder.

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