Question

Which step in identifying stakeholders would include managers deciding which stakeholders have direct or indirect material claims on an organizations performance?

Answer 1

The step in knowing stakeholders that one can include managers deciding when stakeholders have direct or indirect material claims on an organizations performance is known to be option B: Determining the effects of key decisions on stakeholders.

What's is a stakeholder?

A stakeholder is known to be a person that is seen as a party that has some level of  interest in a firm and can be a person that can influence  or be affected by the business dealings of the firm.

Note that the primary stakeholders in any kind of a corporation are said to be the investors, employees, customers, as well as the suppliers.

Therefore, The step in knowing stakeholders that one can include managers deciding when stakeholders have direct or indirect material claims on an organizations performance is known to be option B: Determining the effects of key decisions on stakeholders.

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Which step in identifying stakeholders would include managers deciding which stakeholders have direct or indirect material claims on an organizations performance?

a) Determining influences on mission, vision and strategy formation

b) Determining the effects of key decisions on stakeholders

c) Determining stakeholders’ power and influence over decisions

d) Determining the organizations’ power over stakeholders

50.