Question detail
RiverRun Catering serves tourists while improving quality control; the case evidence includes average order value of ?5,858, sales of 683 units, and a 17% change in costs or demand. Which option best applies Define stakeholder and identify main business stakeholders including owners, employees, customers, local community and suppliers?
Try the question, check the answer, then read the explanation to understand the curriculum point.
At a glance
MCQ
Type
practice
Style
Topic
Stakeholders
Question
- A. Use customers, employees, local community, suppliers to judge labour productivity, owners impact, and the business objective in Stakeholder groups and objectives.
- B. Give only a definition of Stakeholders without using the case evidence.
- C. Treat break-even and profit as identical and ignore the effect on owners.
- D. Choose the largest sales figure without checking costs, finance, or context.
Answer
The correct option is: Use customers, employees, local community, suppliers to judge labour productivity, owners impact, and the business objective in Stakeholder groups and objectives.
Explanation
Choose this response because Use customers, employees, local community, suppliers to judge labour productivity, owners impact, and the business objective in Stakeholder groups and objectives. The case evidence gives ?7,358, 683 units, and 17%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse break-even and profit, miss the owners, or ignore the business objective.
Common mistake
Stakeholder groups and objectives common mistake 1
Giving a vague answer instead of directly addressing: Define stakeholder and identify main business stakeholders including owners, employees, customers, local community and suppliers..
Answer by clearly explaining how to define stakeholder and identify main business stakeholders including owners, employees, customers, local community and suppliers..
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