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Question
Every stakeholder group expects something from a business organisation. Which of the following are the two expectations of suppliers?
Options
Regular and timely payment of taxes
Reasonable term of delivery and payment
Healthy and co-operative inter-business relationship
Fair remuneration
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Solution
Reasonable term of delivery and payment also Healthy and co-operative inter-business relationship
Explanation:
Suppliers expect fair and reasonable terms regarding the delivery of goods and the receipt of payments. They also value maintaining healthy and cooperative relationships with the business to ensure smooth and ongoing transactions.
RELATED QUESTIONS
State any two expectations of the Government from a business concern.
To help the weaker sections of society by giving them preference in employment, to respect human rights including rights of women and children etc. are expectations of ______.
Match the Column I and Column II:
| Column - I | Column - II | ||
| (a) | Suppliers | i | Contribution of business to the local economy |
| (b) | Employees | ii | Provide capital |
| (C) | Shareholders | iii | Provide physical and mental efforts |
| (d) | General public | iv | i |
Mention any two expectations of suppliers from a business organisation.
State any two expectations of competitors from a business concern.
Explain the expectations of internal stakeholders in a commercial organisation.
Explain the expectations of employers and employees as stakeholders in a commercial organisation.
Explain the expectations of employers and employees as stakeholders in a commercial organisation.
Give any five expectations of creditors from a business enterprise.
Explain the expectations of the Government from a business organisation.
