A Stakeholder Refers to a Person Within an Established Business

question 80

True/False

A stakeholder refers to a person within an established business who takes direct responsibility for turning an idea into a profitable finished product through assertive risk taking and innovation.

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Definitions:

Administrative Skills

The capabilities related to managing tasks, projects, and processes efficiently and effectively within an organization.

Effective Administrator

An individual who is adept at planning, organizing, directing, and controlling resources efficiently to achieve organizational goals.

Harvard Business Review

A prestigious management magazine that offers insights, research, and guides for business leaders and professionals worldwide.

Katz

Refers to Robert L. Katz's theory that identifies three core managerial skills essential for effective management: technical, human, and conceptual skills.