Business Management Quiz - 1.1 - 1.4

Business Management Quiz - 1.1 - 1.4

9th - 12th Grade

20 Qs

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Business Management Quiz - 1.1 - 1.4

Business Management Quiz - 1.1 - 1.4

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Mila Vidanovic

Used 18+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Any individual or organization affected by the activities and performance of a business is known as a stakeholder.

True

False

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Stakeholders can be both ________and external to a business.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The local community is an example of an external stakeholder group for a business.

False

True

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When managing stakeholders’ interests, successful businesses strive to ensure the interests of most stakeholders are satisfied most of the time.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Suppliers are not stakeholders because they have no direct interest in how a business performs.

True

False

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A ___________ is interested in what rivals are doing as it may impact on their sales revenue and profits.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An organization can change its business objectives over time due to changes in both the internal and external environments.

True

False

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