AICE Midterm Review DEC 2024

Front

Individuals or groups who are separate from the business but are affected by or interested in its operations are

Back

external stakeholders

Front

An example of an internal stakeholder is a

Back

employee

Front

A customer's role is to

Back

purchase goods and services

Front

Which of the stakeholders below would benefit from an manufacturing plant moving from City A to City B? Options: employees living in City A, lenders, local community of City B, federal government

Back

local community of City B

Front

An increase in shareholder profits resulting from employee layoffs is an example of

Back

conflict of stakeholders' aims

Front

If an employee is made redundant, it is no fault of her own.

Back

true

Front

Suppliers have a responsibility to

Back

Supply goods and services in the time and condition per the contract

Front

An organization of working people with the objective of improving the pay and working conditions of its members and providing them with support and legal services is a

Back

Trade union

Front

True or False: A stakeholder must be a shareholder

Back

False

Front

Role: To provide the labor services required by the business
Right: To be consulted about major changes that affect it
Responsibility: To cooperate with the business, where reasonable to do so
What is being described?

Back

Local community