Asked by Keilan Harris on Jul 04, 2024

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___ refers to the extent to which the organization is developing value for and satisfying the needs of important strategic constituencies.

A) Constituency development.
B) Organization development.
C) Value creation.
D) Strategic needs management.
E) Constituency creation.

Constituency Development

The process of building and maintaining relationships with stakeholders or groups that an organization or political entity depends on for support and advocacy.

Strategic Constituencies

Groups or stakeholders whose support is essential for an organization's survival and success, such as customers, employees, suppliers, and investors.

Value Creation

The process by which goods or services are provided that offer customers better value than those of competitors, either through lower price or by providing greater benefits and service that justifies higher prices.

  • Understand the process through which businesses generate value for different stakeholders.
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Shamsher SinghJul 10, 2024
Final Answer :
C
Explanation :
Value creation refers to the extent to which the organization is developing value for and satisfying the needs of important strategic constituencies. This includes creating products or services that meet customer needs, generating profits for shareholders, providing a stimulating work environment for employees, and contributing positively to the communities in which the organization operates.