Question detail
SwiftServe serves small retailers while taking a loan; the case evidence includes capacity utilisation of ?10,443, sales of 963 units, and a 10% 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 cash inflow, employees impact, and the business objective in Stakeholder groups and objectives.
- B. Give only a definition of Stakeholders without using the case evidence.
- C. Treat internal and external finance as identical and ignore the effect on employees.
- 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 cash inflow, employees impact, and the business objective in Stakeholder groups and objectives.
Explanation
The answer is commercially strongest because Use customers, employees, local community, suppliers to judge cash inflow, employees impact, and the business objective in Stakeholder groups and objectives. The case evidence gives ?11,943, 963 units, and 10%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse internal and external finance, miss the employees, 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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