Question detail

CloudCart serves online shoppers while training staff; the case evidence includes customer retention of ?4,645, sales of 440 units, and a 38% change in costs or demand. Which option best applies Explain the impact and influence stakeholders can have on businesses and business objectives?

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At a glance

MCQ

Type

practice

Style

Topic

Stakeholders

Question

A. Use business objectives to judge gross profit margin, suppliers 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 gross and net profit as identical and ignore the effect on suppliers.
D. Choose the largest sales figure without checking costs, finance, or context.

Answer

The correct option is: Use business objectives to judge gross profit margin, suppliers impact, and the business objective in Stakeholder impact, influence and conflict.

Explanation

This is the best-supported choice because Use business objectives to judge gross profit margin, suppliers impact, and the business objective in Stakeholder impact, influence and conflict. The case evidence gives ?6,145, 440 units, and 38%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse gross and net profit, miss the suppliers, 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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PeakPods serves health-conscious consumers while cutting delivery times; the case evidence includes cash inflow of ?5,773, sales of 683 units, and a 44% change in costs or demand. Which option best applies Explain the impact and influence stakeholders can have on businesses and business objectives?