Business 0450 · IGCSE · Business objectives and stakeholder objectives

Business objectives and stakeholder objectives — practice question

Neil and the part-time employees are both QC stakeholders.
(a)[8]

Identify and explain: • one objective that will be identical for both of these stakeholders • one objective for Neil that will conflict with an objective of the part-time employees.

(b)[12]

Consider the advantages and disadvantages of the following three leadership styles Jin and Neil could use. Recommend which one they should use as QC expands further. Justify your answer. Autocratic. Democratic. Laissez-faire.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Both stakeholders want business to be profitable

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