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14A9941A4 Flashcards | StudBud
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14A9941A4
14A9941A4
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Flashcards
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Practice quiz
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Questions
15
Answers
1
Governments are an internal stakeholder
False
True
2
The main function of a trade union is to
Negotiate higher remuneration packages
Support members’ welfare
Negotiate employment contracts
Support members in disciplinary proceedings
3
An example of an external stakeholder is management
True
False
4
An external stakeholder would include
Customers
Shareholders
Employees
Managers
5
Special interest groups use the following ways to affect an firm’s decision-making, but not
Shareholder activism
Divesting shareholdings
Lobbying
Loitering
6
Pressure groups will organise consumer and supplier boycotts to
Force court action against undesirable business behaviour
Stop employees being able to attend work (a picket line)
Encourage key external stakeholders to avoid the firm
Force governments make the law changes they want
7
An example of an internal stakeholder is a shareholder
False
True
8
Who is not an internal stakeholder of McDonald’s Corporation?
Management
Shareholders
Government
Employees
9
An example of an external stakeholder is the government
False
True
10
An example of an external stakeholder is a special interest group
False
True
11
Customers may like firms that donate money to charity. Shareholders see this as added cost.
Thisis an example of stakeholder conflict
This is an example of shareholder compliance
This is an example of compliance costs
This is an example of stakeholder divergence
12
Who would sponsor a promotion against the illegal downloading of movies?
The local community
Business pressure groups
Any pressure group
Trade unions
13
Who is not likely to be an external stakeholder?
A trade union
Adirector
The government
The public
14
A shareholder is a stakeholder in a company
True
False
15
The local community are external stakeholders
True
False
