Stakeholder conflict (Edexcel GCSE Business): Quizzes
📚Quizzes
Practise the questions
12 questions from this quiz
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Practise the questions
12 questions from this quiz
What causes stakeholder conflict in businesses?
What causes stakeholder conflict in businesses?
Groups having competing interests
What do shareholders primarily want from a business?
What do shareholders primarily want from a business?
Profits, dividends & growth in value
What are workers most concerned about?
What are workers most concerned about?
Fair wages, job security & conditions
What do customers expect from a business?
What do customers expect from a business?
Fair prices, choice & quality products
What do managers and directors focus on?
What do managers and directors focus on?
Business growth & gaining more power
What does government want from businesses?
What does government want from businesses?
Competitive operations & tax revenues
Why do shareholders and managers often conflict?
Why do shareholders and managers often conflict?
Dividends vs reinvesting profits
Why do workers and customers have conflicting interests?
Why do workers and customers have conflicting interests?
Higher wages increase costs vs prices
What positive effect can shareholders receive from conflicts being managed well?
What positive effect can shareholders receive from conflicts being managed well?
Returns on investments & dividends
What negative effect can local communities suffer from business operations?
What negative effect can local communities suffer from business operations?
Pollution & environmental damage
What negative effects can employees face from stakeholder conflicts?
What negative effects can employees face from stakeholder conflicts?
Job losses & income uncertainty
What happened when Gerrard PLC planned a chemical plant near West Walton?
What happened when Gerrard PLC planned a chemical plant near West Walton?
Plans abandoned after local protests