There Are Many Different Stakeholders Found in an Organization

question 17

Multiple Choice

There are many different stakeholders found in an organization. Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change. Which of the following is a main concern for employees?

• A) Exceptional customer service
• B) Fair compensation
• C) Professional associations
• D) Reliable contracts

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Definitions:

Social Power

The ability of an individual or group to influence or control others within a social or organizational context.

Personal Gratification

The feeling of pleasure or satisfaction that comes from achieving something, enjoying an activity, or fulfilling a desire.

Managerial Leadership

The influence and direction provided by managers in an organization to guide and shape the performance and development of their teams.

Equity Theory

Equity theory proposes that individuals assess their job satisfaction and motivation based on the perceived fairness of their work rewards in comparison to others.