Cambridge International AS and A Level Business

Worksheet 5
Chapter 5 Stakeholders in a business
Fill in the gaps
Identify the following stakeholders in a business.
1 C _ _ _ _ _ _ _ _
2 E _ _ _ _ _ _ _ _
3 L _ _ _ _ _ _
4 L _ _ _ _ /C _ _ _ _ _ _ _ _
5 S _ _ _ _ _ _ _ _

True or false?
Identify whether each of the following statements is true or false.
Statement True/False
The term ‘stakeholder’ includes shareholders.

All big businesses will prioritise shareholder needs.

Businesses do not regard pressure groups as stakeholders.

The national government of a country is a stakeholder of businesses operating in

that country.
All stakeholders will have an objective of profit maximisation.

Conflicts may occur between stakeholders’ needs.

Stakeholders are part owners of a business.

Stakeholder actions can influence business objectives.

Shareholders can receive a share in a company’s profits.

Only incorporated businesses have stakeholders.

All stakeholders will want businesses to behave in a socially responsible manner.

Corporate social responsibility means a business considers the interests of society.

A business that meets all the legal requirements is behaving in a socially

responsible way.
A business that green washes its actions is acting to protect the environment.

Shareholders are the most important stakeholders in a business.

© Cambridge University Press 2015  Cambridge International AS and A Level Business Worksheet 5  1