Business objectives and stakeholder objectives

Identify and explain one advantage and one disadvantage of Rosa and Eduardo setting up as a business partnership.

May/June 2016

Identify and explain two possible reasons that Thao and Liang have chosen ‘excellent customer service’ as the business's main objective.

May/June 2016

Identify four stakeholder groups that would want to inspect FF’s accounts and explain the reason each group would want to do so.

May/June 2016

Identify and explain four reasons that show why profit matters to Peter.

May/June 2018

Identify and explain one benefit and one drawback to WA from developing new products.

May/June 2019

Explain one business objective for ET and one different objective that a social enterprise such as Daycare could have.

May/June 2023

Explain one objective that each of the following TSE stakeholder groups could have. Shareholders. Suppliers. Employees. Customers.

May/June 2025

CHONS is a public limited company. The directors are planning to open a new coal mine. All of the coal will be exported. The Managing Director is optimistic that the Government will permit the coal mine to open. She commented: ‘CHONS always complies with legal controls. In an area with high unemployment, surely creating jobs matters more than protecting the environment. Most stakeholder groups, including shareholders and suppliers, are satisfied. CHONS will not be seeking any Government support.’

Oct/Nov 2017

Identify and explain the effects on the following two stakeholder groups of MF arising from the production of this new product. Employees Customers

Oct/Nov 2019

KTF produces building materials such as cement and bricks. In the previous year, KTF recorded sales of $25bn. Since it was founded 60 years ago, KTF’s objectives have frequently altered. The Managing Director wants KTF to grow. KTF is going to acquire one of its key rivals. The enlarged business will have total sales of $40bn. The Managing Director said: ‘Many stakeholder groups will be affected by this decision.’ She understands that many external influences shape business activity, including the business cycle, interest rates and laws that safeguard the environment.

Oct/Nov 2020

Explain two reasons why having business objectives matters for Gemma.

Oct/Nov 2020

SBG produces a variety of items, including specialist paints. It operates 6 factories and employs 700 workers. Every one of SBG’s employees is encouraged to take part in decision-making. SBG’s products are exported to 16 countries, with wholesalers forming its main distribution route. The Managing Director stated: “Our objectives are to grow and make a profit.” He also understands that every business activity generates externalities for SBG’s stakeholder groups.

Oct/Nov 2021

Explain four business objectives Tokumbo may choose to set for SA.

Oct/Nov 2022

Explain four advantages to workers of belonging to a trade union.

Oct/Nov 2022

Explain one appropriate objective for each of KAT’s stakeholder groups. • Owners • Employees • Customers • Local community

Oct/Nov 2022

FSW is a multinational company operating in 6 countries. It makes steel for the construction industry. Quality assurance is used so that production remains of high quality. FSW has several stakeholder groups that are interested in what it does. The Managing Director knows that FSW’s business generates external costs. She also knows that pressure groups attempt to affect business decisions.

Oct/Nov 2024

Explain one way each of the following stakeholder groups could be affected if a business becomes a multinational company. • Effect on shareholders • Effect on employees • Effect on suppliers • Effect on the government

Oct/Nov 2024