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Business Management•Nature of Business

Business Environment and Stakeholders

Senior High 6 questions
AI-drafted from platform data — specialist review scheduledBy DigiTransact Mastermind editorial team
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What business environment and stakeholders means

Internal and external environments, stakeholders and social responsibility.

Before you start

Not confident yet? Work through Business Basics and Types first.

Worked example

One question from this skill's own question bank, shown with its full working.

Question

Which of the following is an external factor affecting a business?

  • staff skills
  • government policy
  • company machines
  • office layout
Answer: government policy

Working: External factors such as government policy, competition and the economy lie outside the firm’s control.

Curriculum and exam alignment

Ghana GES SHS syllabusWASSCE

Curriculum notes are a general guide to where this work normally sits. Always check the syllabus your school or examination body is currently using.

Related skills

Other Nature of Business skills in Business Management, at the same point in the course.

Other Business Management topics

Finance and CommunicationEntrepreneurship & MarketingWASSCE Past QuestionsUniversity Management & MarketingManagement Functions

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Exams that assess business environment and stakeholders

Senior High work on this skill feeds directly into these exam papers. Each page lists the Business Management topics that appear on it.

WASSCEWASSCE practice questionsFree WASSCE practice across the subjects at this stage, with worked answers.GESGES practice questionsFree GES practice across the subjects at this stage, with worked answers.ACCAACCA practice questionsListed as a related subject on the ACCA practice page.

How this page was produced

This text was drafted with AI assistance from the questions and topics already stored on the platform. A subject-specialist review is scheduled but has not yet been recorded, so we do not claim it here.

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Practise business environment and stakeholders

6 questions with a worked answer after every attempt, and a SmartScore that tracks how close you are to mastery.

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