Stakeholders

HideShow resource information

1. Why would a more profitable business help the government?

  • it will create more jobs and dominate the market
  • They can collect more taxes, create more jobs
  • they will dominate the market
1 of 8

Other questions in this quiz

2. How would suppliers be in a weaker position if a business expanded?

  • Larger firms will want to supply them so it will be difficult to compete with their prices
  • larger firms will want to supply them so they'll look good
  • they'll need to protect their interests

3. How would suppliers benefit from a business expanding?

  • It will create more jobs
  • Increased sales means they would need to buy more off the supploer
  • They can charge more

4. Why would expanding be a disadvantage for employees?

  • Feel less valued so they'll want to protect their interests by joining a trade union
  • more investments will be made
  • it will make them work slower

5. How will customers be affected?

  • Higher prices - fewer competitors, if they pass on any economies of scale
  • there'll be less involved
  • they'll need to invest money

Comments

davidsalter

Report

A very good set of revision questions that can be used as a quick break from reading and to test understanding so far.

honey_.

Report

nice one m8

honey_.

Report

nice one m8

honey_.

Report

nice one m8

Similar Business Studies resources:

See all Business Studies resources »See all People in business resources »