Author Question: What do most high performing companies have in common when it comes to stakeholder relationships? ... (Read 41 times)

Bob-Dole

  • Hero Member
  • *****
  • Posts: 547
What do most high performing companies have in common when it comes to stakeholder relationships?
 
  A) High performing companies tend to consider the interests of all stakeholder groups when they make important decisions.
  B) High performing companies tend to consider the interests of internal stakeholder groups only when they make important decisions.
  C) High performing companies tend to consider the interests of external stakeholder groups only when they make important decisions.
  D) High performing companies tend not to consider the interests of stakeholder groups when they make important decisions.

Question 2

The Total Freedom political party is trying to determine its position on climate change. Whom should the party consider as its stakeholders?
 
  A) official party members
  B) all potential voters
  C) all people in the world
  D) all people in the United States


kaykay69

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

Answer: A
Explanation: High performing companies tend to be aware that the more input they get from stakeholders of every variety, the better off they are. Keeping stakeholders as informed as possible leads to better relationships and more input for how the company can succeed in a highly competitive marketplace. High performing companies recognize that they can't operate in a vacuum, and important decisions must be considered from every angle before they are made.

Answer to Question 2

Answer: C
Explanation: Since climate change affects the entire planet, stakeholders for this issue include all people on the planet, not just party members, voters, or citizens of the United States.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

For a complete list of videos, visit our video library