which of the following is true of stakeholders? course gero

by Mrs. Layla Wehner DVM Published 2 years ago Updated 1 year ago 6 min read

Why are stockholders not considered stakeholders?

Oct 05, 2017 · Which of the following is true about stakeholder. 28. Which of the following is true about Stakeholder Theory? A.Stakeholder Theory can help managers in solving ethical problems, such as the environment, and gives managers a practical framework for assessing and balancing interests as long as normative principles are the foundation upon which decisions …

Who are the stakeholders of a socially responsible firm?

Apr 23, 2021 · Stakeholder Theory can help managers in solving ethical problems, such as the environment, and gives managers a practical framework for assessing and balancing interests as long as normative principles are the foundation upon which decisions are made. B. Normative principles are incorporated into organisational decision making, and it allows managers to give …

What does the Board of directors represent to the stakeholders?

Oct 16, 2020 · B. S takeholder identification is a continuous and sometimes strenuous process C. Change requests from the stakeholder with the most influence should be given the highest priority D. Stakeholders should be given extras in order to meet and exceed their expectation 5. A stakeholder register contains stakeholder classification, identification, and assessment …

Which of the following is true about stakeholders?

The answer to this question is B. They are groups having a direct economic link to a firm.

Which of the following is correct about the stakeholder perspective?

The interest of the stakeholder is therefore the importance given to all the stakeholders of the company. This is fundamental to the Stakeholder Value Perspective, where social justice is a corporate concern and, in reality, it is better addressed by organizations seeking shared goals and economic symbiosis in society.Mar 21, 2020

Which of the following individual or group represent and internal stakeholder?

Examples of important stakeholders for a business include its shareholders, customers, suppliers, and employees. Some of these stakeholders, such as the shareholders and the employees, are internal to the business.

Which of the following is an example of an internal stakeholder select one?

Internal stakeholders include employees, board members, company owners, donors and volunteers. Anyone who contributes to the company's internal functions can be considered an internal stakeholder. On the other hand, external stakeholders include customers, clients, business partners, suppliers and shareholders.

What is stakeholder perspective?

A stakeholder perspective considers the interests of all affected parties in its decisions. By widening the set of actors, companies add complexity to decisions. When stakeholder interests compete, the decision options open to executives narrow and often reduce the profits to shareholders.Nov 26, 2019

What is a stakeholder analysis quizlet?

Stakeholder Analysis is a technique of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project.

Who is called stakeholder?

The international standard providing guidance on social responsibility, called ISO 26000, defines a stakeholder as an "individual or group that has an interest in any decision or activity of an organization."

What is the role of stakeholders?

What Is the Role of a Stakeholder? A stakeholder's primary role is to help a company meet its strategic objectives by contributing their experience and perspective to a project. They can also provide necessary materials and resources.Feb 25, 2022

Who is a stakeholder in a business?

Investors and employees rank among the company's stakeholders. Stakeholders encompass all individuals or groups who have a vested interest in the performance of the business.Jul 30, 2021

Who are the 5 main stakeholders in a business?

Types of Stakeholders

#1 Customers. Stake: Product/service quality and value. ...
#2 Employees. Stake: Employment income and safety. ...
#3 Investors. Stake: Financial returns. ...
#4 Suppliers and Vendors. Stake: Revenues and safety. ...
#5 Communities. Stake: Health, safety, economic development. ...
#6 Governments. Stake: Taxes and GDP.

What are stakeholders objectives?

Stakeholder objectives

shareholders and owners want to ensure the business is successful and are interested in how much profit the business can make.
managers want a good salary and opportunities for further career progression.

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What are the 4 types of stakeholders?

The easy way to remember these four categories of stakeholders is by the acronym UPIG: users, providers, influencers, governance.Aug 6, 2010