Ishmal Determines That the Company Shareholders Expect Attention from the Company,but

question 15

True/False

Ishmal determines that the company shareholders expect attention from the company,but their demands are not urgent.He also notes that they do have considerable power and a legitimate claim to have input.This stakeholder is a dependent stakeholder and therefore in the definitive stakeholder category.

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Definitions:

Unilateral Changes

Changes imposed by one party onto another without mutual agreement or negotiation.

Bargained

Negotiated terms and conditions that have been agreed upon by two or more parties, especially relating to employment contracts and labor relations.

Impasse

A deadlock or stalemate reached during negotiations where both sides are unable to resolve differences and move forward, often leading to a halt in discussions until conditions change.

Mainstream Industrial Relations

Pertains to the conventional study and practice of the relationship between employers, workers, and the government including trade unions and collective bargaining.