The First Step of Managing External Stakeholder Relationships Is to Identify

question 47

Multiple Choice

The first step of managing external stakeholder relationships is to identify who the stakeholders are.The second step is to ________.

• A)determine what specific approach should be used to manage the stakeholder relationship
• B)determine what the courts might do when a stakeholder files a claim against the organisation
• C)determine what particular interests or concerns these stakeholders might have
• D)determine how many stakeholders there are in each stakeholder group
• E)establish explicit stakeholder partnerships

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Definitions:

Race Crossover

A demographic phenomenon where the mortality rates of two different racial or ethnic groups cross over at certain ages.

Late Adulthood

A life stage characterized by aging and retirement, typically considered to begin around the age of 65.

Prefer to Age

The preference for aging in a certain way or environment, though not a common phrase, it suggests choices related to lifestyle in later life.

Actively Involved

Engaged in a process or activity with significant attention, effort, and participation.