PRC-3 · Chapter 1 · Question 31 of 61
A raw material supplier relies entirely on continuous orders from a single large furniture manufacturer. Based on stakeholder categorization, what type of stakeholder is the supplier?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Connected stakeholder
Explanation
Connected stakeholders (like suppliers, customers, and financiers) are outside the daily operations but have a direct financial or contractual relationship with the firm.
More Nature of Business MCQs
- Q33A bakery purchases flour, sugar, and eggs, and uses ovens and bakers to bake cakes that are sold at a premium price. What is this process…
- Q34A national telecom company publishes a document stating its ultimate, long-term aspiration: 'To be the leading and most trusted provider…
- Q35Which of the following individuals or groups provides financial capital to a company and is considered a stakeholder, but is NOT…
- Q36An individual owns 500 shares in a large telecom company but does not participate in daily operations. A local supplier provides the…
- Q37A newly established bakery purchases two industrial-sized ovens to increase its daily bread production. In economic terms, which factor of…