Which of the Following Is Step 3 in the Five-Step

question 60

Multiple Choice

Which of the following is step 3 in the five-step process of stakeholder impact analysis?

• A) Identifying the most powerful stakeholders (both internal and external) and their needs
• B) Identifying the stakeholders' interests and claims
• C) Identifying the opportunities and threats the stakeholders present
• D) Identifying the social responsibilities of the firm toward its stakeholders

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Definitions:

Ethical View

A perspective based on beliefs about what is right and wrong that influences decision-making and behavior.

Ethics

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.

Right And Wrong

Principles that govern the morality, ethics, and legality of actions or decisions.

Personal Morals

Refers to an individual's set of values and principles that guide their behavior, distinguishing between right and wrong.