1.1 Business Stakeholders Quiz

What is meant by the term business stakeholder?

Name the two groups of stakeholders in the photograph.

The goods sold in the store above are bought from suppliers. What are the possible needs of suppliers?

Which of these products is designed to satisfy a need?

• Potato crisps

• Cricket bat

• Bread

• Smartphone

Which of the following is a business stakeholder?

• Lawyer

• Tax collector

• Customer

• Police officer

Which of the following business activities is a service?

• House construction

• Dental treatment

• Coconut farming

• Gold mining

An example of a producer good is:

• Tractor

• Newspaper

• Package holiday

• Meal at a restaurant