Asked by Khalil Vonner on Jun 05, 2024
Verified
A stakeholder orientation is not complete unless it includes
A) clear accounting procedures.
B) major financing activities.
C) marketing strategy.
D) feedback from special-interest groups.
E) activities that actually address stakeholder issues.
Stakeholder Orientation
A business strategy that considers the interests and needs of everyone who has a stake in the company, including customers, employees, shareholders, and the community.
Feedback
A response provided to input or performance, often aimed at improvement or adjustment.
Special-Interest Groups
Organizations comprised of members sharing common interests or goals that seek to influence public policy and decision-making processes.
- Fathom the approach and relevance of embedding a stakeholder perspective in organizational contexts.
Verified Answer
ZK
Zybrea Knight
Jun 09, 2024
Final Answer :
E
Explanation :
The other options listed are important, but a stakeholder orientation is not complete unless it actually addresses the concerns and issues of stakeholders. This requires taking action and implementing strategies that go beyond simply accounting procedures, financing, or marketing. Incorporating feedback from special-interest groups is also important, but again, only if it leads to tangible actions that address stakeholder needs. Therefore, option E is the best choice.
Learning Objectives
- Fathom the approach and relevance of embedding a stakeholder perspective in organizational contexts.