You Are Contacting a Stakeholder Who Has a High Level

question 20

Multiple Choice

You are contacting a stakeholder who has a high level of power but has little interest or support for the project. Which type of engagement is recommended?

• A) Persuade the stakeholder.
• B) Show consideration to the stakeholder.
• C) Engage and consult the stakeholder regularly.
• D) Meet the needs of the stakeholder.

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Definitions:

Earnings Rate

The rate at which a company generates income relative to assets, investments, or equity.

Internal Rate of Return

A metric used in financial analysis to estimate the profitability of potential investments, calculated as the rate of return that makes the net present value of all cash flows from a particular project equal to zero.

Compound Interest

A way of calculating interest whereby the charge is based on the initial principal amount as well as on the interest that has accumulated in prior periods of a loan or deposit.

Cash Inflow

Money received by a business, typically from operational, investing, and financing activities.