Internal Stakeholders and Relationships Quiz
2 Questions
6 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is true about internal stakeholders in an organization?

  • Internal stakeholders do not have a principal relationship with the organization
  • External stakeholders have a principal relationship with the organization
  • All stakeholders have a principal relationship with the organization
  • Only owner-managers have a principal relationship with the organization (correct)
  • Who are the internal stakeholders that have a principal relationship with an organization?

  • Owner-managers (correct)
  • Employees
  • Customers
  • Suppliers
  • Study Notes

    Internal Stakeholders

    • Internal stakeholders are individuals or groups within an organization who have a direct interest in the organization's success.
    • They have a principal relationship with the organization, meaning they are directly affected by the organization's actions and decisions.

    Examples of Internal Stakeholders

    • Employees: They are directly affected by the organization's decisions and actions, and their livelihoods depend on the organization's success.
    • Management: They are responsible for making strategic decisions that impact the organization and its stakeholders.
    • Shareholders: They have a financial stake in the organization and are affected by its financial performance.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Description

    Test your knowledge on internal stakeholders and their relationship with organizations. Learn about the principal relationship between owner-managers and organizations. Take this quiz to assess your understanding of internal stakeholders' role in an organization.

    More Like This

    Use Quizgecko on...
    Browser
    Browser