Organisational Stakeholders Are a Firm's Internal Resources, Capabilities and Core

question 43

True/False

Organisational stakeholders are a firm's internal resources, capabilities and core competencies that are used to accomplish what may at first appear to be unattainable goals in the competitive environment.

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Definitions:

Holistic

An approach that emphasizes the importance of the whole and the interdependence of its parts.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information that confirms one’s preexisting beliefs or hypotheses.

Emotional Valence

Emotional valence refers to the intrinsic attractiveness(positive) or averseness(negative) of an event, object, or situation.

Bounded Rationality

Bounded Rationality is a concept suggesting that the cognitive limitations of the mind and the finite amount of time available to make decisions affect the rationality of individuals.