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Unit 1.4 Terms IB Business Management Flashcards | StudBud
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Unit 1.4 Terms IB Business Management
Unit 1.4 Terms IB Business Management
10 terms
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#stakeholders
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1
members of the organization
pressure groups
external stakeholders
internal stakeholders
shareholders
2
senior executives elected by shareholders to direct business operations on behalf of the owners
CEOs
managers
directors
employees
3
Individuals/organizations not part of organization but have a direct interest in the activities
shareholders
external stakeholders
internal stakeholders
CEOs
4
Situations where stakeholders have disagreements on certain matters due to their own opinions
conflict
IB Business Management class
shareholders
pressure groups
5
the people who oversee the daily operations of a business
employees
CEOs
managers
directors
6
the owners of a limited liability company
stakeholders
women
shareholders
CEOs
7
shareholders have 2 main objectives
to maximize dividends and achieve a capital loss
none of the above
to maximize dividends and achieve a capital gain
to minimize dividends and achieve a capital gain
8
the government is an important external stakeholder of a business
true
false
9
Individuals with common concern who seek to place demands on organizations to act a certain way
IB Business Management class
stakeholders
CEOs
pressure groups
10
Individuals/organizations with a direct interest in the activities & performance of a business
CEOs
pressure groups
stakeholders
shareholders
