Author Question: What do most high performing companies have in common when it comes to stakeholder relationships? ... (Read 37 times)

Bob-Dole

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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

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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.



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