Question detail
PeakPods serves online shoppers while training staff; the case evidence includes customer retention of ?5,066, sales of 976 units, and a 39% change in costs or demand. Which option best applies Explain the impact and influence stakeholders can have on businesses and business objectives?
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 business objectives to judge net profit margin, owners impact, and the business objective in Stakeholder impact, influence and conflict.
- 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 business objectives to judge net profit margin, owners impact, and the business objective in Stakeholder impact, influence and conflict.
Explanation
Choose this response because Use business objectives to judge net profit margin, owners impact, and the business objective in Stakeholder impact, influence and conflict. The case evidence gives ?6,566, 976 units, and 39%, 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 impact, influence and conflict common mistake 1
Giving a vague answer instead of directly addressing: Explain the impact and influence stakeholders can have on businesses and business objectives..
Answer by clearly explaining how to explain the impact and influence stakeholders can have on businesses and business objectives..
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