Managing Stakeholder Relationships (Scenario)

question 28

Multiple Choice

Managing Stakeholder Relationships (Scenario)
Natasha has been hired by Virtual Screen Corporation, a manufacturer of custom window coverings and retractable screen doors. Virtual Screen has recently been having problems with some of their major stakeholders. Some suppliers have been shipping poor quality materials, and customer complaints are increasing. Natasha has been hired to help resolve the current issues and to develop a plan for managing other stakeholder problems in the future.
-Natasha decides knows that the more uncertain the environment is the more important it is for her to ________.

• A)ignore stakeholders that are of no benefit to the company
• B)establish explicit partnerships with all stakeholders
• C)to develop selective relationships with a few stakeholders
• D)focus on employees and profits over stakeholder relationships

---

Definitions:

Linguistic Relativity

The hypothesis that the structure of a language influences its speakers' worldview or cognition.

Numerical Information

Data or details that are represented or expressed in numbers, often used in calculations, measurements, and statistical analyses.

Relevant Information

Information that is pertinent and has a bearing on the current situation or decision-making process.

Functional Fixedness

A cognitive bias that limits a person to using an object only in the way it is traditionally used, hindering problem-solving.