The document contains a 10th grade commerce test with questions on chapter 1. It asks to answer 5 short questions in brief worth 2 marks each, distinguishing between stakeholders and customers, defining internal stakeholders, and comparing the needs of shareholders and consumers. It also asks to answer 3 longer questions in detail worth 5 marks each, differentiating shareholders and creditors, explaining conflicts between stakeholder needs, and discussing how company profits should consider social welfare with reference to public expectations.
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10th Icse Commerce - Stakeholders Test
The document contains a 10th grade commerce test with questions on chapter 1. It asks to answer 5 short questions in brief worth 2 marks each, distinguishing between stakeholders and customers, defining internal stakeholders, and comparing the needs of shareholders and consumers. It also asks to answer 3 longer questions in detail worth 5 marks each, differentiating shareholders and creditors, explaining conflicts between stakeholder needs, and discussing how company profits should consider social welfare with reference to public expectations.
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10th ICSE Commerce Test Chapter 1
MM35 TIME: 60 MIN
A. Answer the following questions in brief (Each question is worth 2 marks):
1. Distinguish between stakeholders and customers.
2. What do you understand by internal stakeholders 3. How are the needs of shareholders and consumers conflicting? 4. Distinguish between stakeholders and shareholders. 5. State any two expectations of employees from a Business concern.
B. Answer the following questions in detail (Each question is worth 5 marks):
1. Differentiate between shareholder and creditors.
2. Explain the conflict needs of stakeholders of a company. 3. With profits, social welfare should also be considered. Explain this statement with reference to the expectations of general public.