Tricky questions and answers of Stakeholders in Commercial Organisation | Study Table

-


 COMMERCE

Stakeholders in Commercial Organisation

Questions:
1. Who are the stakeholders of a commercial organization?

Ans. A stakeholder is an individual / a group that has an interest in a company and can either affect or be affected by the business.

   Some common stakeholders of a commercial organization are:

    ~ Employees                               ~ Investors
    ~ Communities                           ~ Government
    ~ Shareholders                            ~ Customers
    ~ Creditors                                   ~Owners


2. Distinguish between internal and external stakeholders.

Ans.
 
 Internal Stakeholders:
  • Internal stakeholders are people whose interest in a company comes through a direct relationship, such as employment, ownership, or investment.            
External Stakeholders:
  • External stakeholders are those who do not directly work with a company but are affected somehow by the actions and outcomes of the business.

3. Discuss the External Stakeholders (any four).

Ans. Some common external stakeholders are:
  • Customers: Customers want the business to produce quality products at reasonable prices.
  • Shareholders: Shareholders have an interest in business operations since they are counting on the business to remain profitable and provide a return on their investment in the business.
  • Creditors: Creditors that supply financial capital, raw materials, and services to the business want to be paid on time and in full.
  • Suppliers: Suppliers need the business to continue buying their products to maintain their own profitability and financial health.

4. Give any four expectations of society from a business organization.

Ans. The four expectations of society from a business organization are:
  •  Society expects business to be more tech-savvy.
  • Society expects business to be time and cost-efficient.
  • Society expects business to impart employment ship remotely.
  • Society expects business to be accessible in remote places.

5. Give any five expectations of employees from a business organization.

Ans. The five expectations of employees are:
  •  Fair remuneration in the form of wages and salaries.
  • Safe and comfortable working environment.
  • various welfare facilities such as housing, medical care, social security, health, etc.
  • Opportunities for education, self-development, promotion, and career growth.
  • Protection of trade union rights.


I hope you have understood the concept now.

For more clarity codes and videos visit my Youtube channel :

 https://youtube.com/channel/UC27TQ7zJKapHF78bwvi5iVw

For more Posts based on Commerce visit my Blog:http://studytable10.blogspot.com/

Also, join my telegram:https://t.me/studytable10

     Thanks!!                                              

Comments

Post a Comment

What's in your mind?

Popular posts from this blog

Java Program for Binary to Decimal Conversion | Study Table

-
  import java . util . Scanner ; public class BinaryToDecimal {     public static int dec , q , rem ;     public static StringBuffer sb ;     public static void main ( String args [])     {         Scanner scanner = new Scanner ( System . in );         System . out . println ( "Enter a Decimal Value: " );         dec = scanner . nextInt ();         sb = new StringBuffer ( " " );         q = dec ; rem = 0 ;         BinaryToDecimal object = new BinaryToDecimal ();         System . out . println ( "The Binary form is " + ( object . Binary ( dec )). reverse ());         scanner . close ();     }     StringBuffer Binary ( int dec )     {         dec = dec / 2 ; rem = q % 2 ;         sb ...
Read more

Binary Search Program for Java | Study Table

-
  import java . util . Scanner ; public class BinarySearch {     public static void main ( String args [])     {         Scanner scanner = new Scanner ( System . in );         System . out . println ( "Enter array Strength: " );         int array [] = new int [ scanner . nextInt ()];         System . out . println ( "Enter array Elements: " );         for ( int i = 0 ; i < array . length ; i ++ ) array [ i ] = scanner . nextInt ();         for ( int i = 0 ; i < array . length ; i ++ )         {             for ( int j = 0 ; j < array . length - 1 ; j ++ )             {                 int temp = 0 ;                 if ( array [ j ] > array [ j + 1 ]) ...
Read more

How to Start a Business?

-
Image
  How to start a business ? Starting a business can be a complex process , but it doesn 't have to be . Here are some basic steps to help get you started : 1 . Develop a solid business plan . A business plan is the foundation of any successful business . It should include information about your products or services , your target market , your financial goals , and a marketing strategy . 2 . Acqu ire the necessary funding . Depending on the type of business you plan to start , you may need to obtain financing from investors , banks , or other sources . 3 . Choose a legal structure . Dec ide whether you want to be a sole propriet orship , partnership , corporation , or LLC . This will determine the taxes and legal obligations you will have to deal with . 4 . Ob tain necessary permits and licenses . You may need to obtain permits and licenses fro...
Read more