Stakeholders in business (OCR GCSE Business): Quizzes

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1.5 Stakeholders in business
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What is a stakeholder?

Someone with an interest in the business

Which type of stakeholder works within the business?

Internal stakeholders

Why are owners considered stakeholders?

They receive profits if business does well

What may employees receive if the business is doing well?

A pay rise

What happens to customers if a business increases its prices?

They cannot afford to buy as many things

What can damage a business's brand image?

Negative reviews on social media

How do suppliers benefit when a business does well?

The business buys more stock from them

Which is a positive impact businesses have on the local community?

Providing jobs

Which type of pollution can businesses create?

Noise, air, and light pollution

What can the local community do to discourage business actions?

Protest against the business

What does the government receive from business profits?

Tax

How does business growth benefit the government?

Reduces unemployment & benefits payments

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