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Nat 5 Stakeholders Revision Flashcards | StudBud
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Nat 5 Stakeholders Revision
Nat 5 Stakeholders Revision
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StudBud Administration
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Revision for NAT 5 Business Management
Flashcards
12 cards
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Practice quiz
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Host live
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Questions
12
Answers
1
Employees can have an influence on a business by
Raising levels of taxation
Being rude to management
Taking industrial action
Changing the selling price of products
2
A customers main interest in a business like Tesco is likely to be
Quality products at fair prices
More staff holidays
Fair pay for employees
Profit maximisation
3
Your prelims are far more important to your life chances than snapchat
False
True
4
Which of the following best defines the term 'stakeholder'?
Anyone with shares in a company
Anyone who is rich
Anyone who owns a business
Anyone with an interest in an organisation
5
Which stakeholder is most interested in profit?
Staff
Naveed
Owners
Customers
6
A conflict that could arise between Cadbury's shareholders and customers
they both want value for money
They both want different things
they both want more profit
they both want the same thing
7
The community is an external stakeholder.
True
False
8
Who is an internal stakeholder?
Supplier
Bank
Worker
9
Shareholders are stakeholders in a
Public limited company
Franchise
Partnership
10
Staff demand a 5% pay increase. Which stakeholder is most likely to be affected?
Owners
Suppliers
Customers
Local Authority
11
Volunteers and donors are stakeholders in a
Charity
Public sector organisations
Franchise
12
An employee's main interest in a large company is likely to be
Ensure the organisation does not damage the environment
Fair pay for the work that they do
Profit maximisation
