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An entrepreneur provides investors with a report showing business progress. Which function is this related to?

Answer and explanation

Correct answer: Stakeholder communication

Investors have an interest in the business and are therefore stakeholders. Giving them a clear and accurate progress report keeps them informed, supports transparency and maintains professional communication. Product design, production and raw-material purchasing concern operations rather than reporting to people who have an interest in the enterprise. Thus option B correctly identifies stakeholder communication.

Related tags

Stakeholder CommunicationInvestorReportingQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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