Cause/consequences for at least 3 or more stakeholders.

1 answer:

3 0

Answer: So the task confronting an organization’s management begins with understanding these multiple and sometimes conflicting expectations and ethically deciding which stakeholders to focus on and in what sequence, if not all stakeholders cannot be addressed simultaneously, that is, stakeholder prioritization. It helps to actively gather information about all key stakeholders and their claims. First, managers must establish that an individual with a concern is a member of a stakeholder group. For example, a brand may attract hundreds or thousands of mentions on Twitter each day. Which ones should be taken seriously as representative of key stakeholders? Brand managers look for patterns of communication and for context when deciding whether to engage with customers in the open expanses of social media platforms.

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Answer: The firm is experiencing diseconomies of scale.

Explanation:

In economics, diseconomies of scale are cost disadvantages that economic agents such as individuals, firms and governments accrue as a result of an increase in the output or organizational size resulting in the production of goods and services at an increased per-unit-costs.

Diseconomies of scale in businesses lead to an increase in the business average costs as the business grows. Regarding the question, while resources are increased by 10%, output increased by less than 5% shows diseconomies of scale since there's increase in the cost.

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Because the Bic pens have been on the market for a long time, they uses more of a <u>reminder advertising</u> to motivate existing customers to make a purchase.

<h3>What is a reminder advertising?</h3>

This is a type of advert that aims to remind the existing audience that the firm's product or service is available.

Therefore, the companies uses more of a <u>reminder advertising</u> to motivate existing customers to make a purchase because it is less expensive than an elaborate advertisement.

Read more about reminder advertising

<em>brainly.com/question/9938991</em>

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That are unforeseen or unpredictable circumstances

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