CAIE IGCSE Business Studies 1.5.2 The Role of Stakeholder Groups Questions
Practise stakeholder questions by identifying the group, explaining its objective and applying the effect to the case business.
- Syllabus
- 2027–2029
- Course
- Business 0264
Exam points
- Identify internal or external stakeholders such as owners, employees, customers or lenders.
- Explain stakeholder objectives, including pay, profit, service, repayment or local impact.
- Apply effects of decisions such as takeovers or closures to the stakeholder group.
CAIE IGCSE Business Studies 1.5.2 The Role of Stakeholder Groups Questions question 1
HRO manufactures children's toys. It is a private limited company. The main objective of HRO 's shareholders is to increase profit. This might conflict with the objectives of other stakeholder groups, including its 30 suppliers. HRO's Managing Director knows that market research can help when making marketing decisions. The Finance Director is preparing HRO's statement of financial position. An extract is shown in Table 3.1.
Table 3.1
Explain one way the objective of HRO's shareholders to increase profit might conflict with the objectives of each of the following stakeholder groups:
Customers:
Explanation:
Suppliers:
Explanation:
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