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Stakeholders have an interest in the success of a business - Edexcel - GCSE Business - Question 1 - 2017 - Paper 1
Question 1
Stakeholders have an interest in the success of a business. Select one answer. A invest money in the business B work for the business C have a share of the profit ... show full transcript
Worked Solution & Example Answer:Stakeholders have an interest in the success of a business - Edexcel - GCSE Business - Question 1 - 2017 - Paper 1
Step 1
Select one answer.
Answer
The correct option is D: have different objectives.
Explanation:
All stakeholders indeed have various interests and objectives concerning the success and operations of a business. This interest can vary widely depending on their role, which means they may not all align on a single focus. For instance:
- Investors may want profit maximization.
- Employees may seek job security and advancement.
- Customers prioritize product quality and service.
This diversity in objectives reveals the complex nature of stakeholder interests.