Which Statement About Stakeholders Is BEST

question 17

Multiple Choice

Which statement about stakeholders is BEST?

• A)Stakeholders wield considerable power.
• B)Stakeholders can potentially impact project development.
• C)Stakeholders are external to a company.
• D)By definition,clients are not stakeholders,they are customers.

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Definitions:

Unity of Command

A principle in management stating that each employee should report to one and only one supervisor, to avoid confusion and conflict.

Universal Process

A principle or method that is broadly applicable across various domains or situations, often standardized to improve efficiency and effectiveness.

Contingency

A future event or circumstance that is possible but cannot be predicted with certainty; often related to planning in management.

Systems Theory

An interdisciplinary theory that studies complex systems in various fields and seeks to understand their behavior, interrelations, and properties.