← CSEC Principles of Business lessons

1.9 - Stakeholders in Business Activities

⭐ +360 XP
  • ✓identify stakeholders involved in business activities
  • ✓explain what a stakeholder is
  • ✓explain the role of: owners, employees, consumers, suppliers, communities, government, the environment, and future generations
  • ✓explain what dividends are and why they matter to owners (especially shareholders)
  • ✓interpret stakeholder interests and possible conflicts in Caribbean business scenarios
⏱ 0 mins🎯 72 marks
💡Engage
A new seafood-processing plant opens near a coastline. It creates jobs and exports fish, but residents complain about odour and waste water affecting the sea. At the same time, the company wants to keep costs low to pay dividends to its owners.
💡Engage
💡Engage

List TWO groups that could benefit from the plant and TWO that could be harmed if the business is careless. Which group should the business listen to first?

💡EngageQuestion 7 of 19

Which statement do you think best describes stakeholder?

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💡Engage
A new seafood-processing plant opens near a coastline. It creates jobs and exports fish, but residents complain about odour and waste water affecting the sea. At the same time, the company wants to keep costs low to pay dividends to its owners.
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