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The Impact of Business Decisions on Stakeholders

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is a stakeholder?

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1. A company's _____ may influence a diverse panel of stakeholders in different ways.

2. Which answer choice represents a display of social responsibility that could lead to community benefits and increased loyalty to a company?

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About This Quiz & Worksheet

This quiz and worksheet combo will help you quickly assess your understanding of the who the stakeholders are and they're importance to a company. You will be quizzed on how decisions can directly affect them along with other business decisions like social responsibility.

Quiz & Worksheet Goals

This quiz will test you on the following:

  • Stakeholders
  • Social Responsibility
  • Customer and Investor Benefits
  • Employee Benefits

Skills Practiced

This quiz and worksheet allow students to test the following skills:

  • Making connections - connect social responsibility and how companies help in their communities
  • Critical thinking - apply relevant concepts to examine information about how business decisions affect different people in a different manner
  • Defining key concepts - ensure that you can accurately define main phrases, such as stakeholder
  • Distinguishing differences - compare and contrast topics from the lesson, such as customers and shareholders

Additional Learning

Make sure to read more about this topic by reviewing the related lesson. The lesson is titled How Business Decisions Impact Stakeholders. The lesson covers these objectives:

  • Define stakeholder
  • Explain who the stakeholders are
  • Explain what makes some business decisions difficult
  • Understand what social responsibility is
  • Explain who can receive benefits from a company
  • Differentiate between the benefits people receive
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