Asked by Casual Commentator on Jun 10, 2024

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Stakeholder power

A) indicates the extent to which stakeholders need immediate attention.
B) refers to the managers' ability to maximize profits.
C) refers to the shareholders' ability to influence managers.
D) refers to the capacity of the stakeholder to positively or negatively affect the operations of the organization.
E) indicates the validity and legitimacy of a stakeholder's interests in the organization.

Stakeholder Power

The capacity of a stakeholder to positively or negatively affect an organization’s operations.

Operations

The day-to-day activities required for the running of a business or an organization, focused on producing goods and providing services efficiently and effectively.

Shareholders' Ability

Refers to the rights and powers of shareholders to influence company decisions and actions through their ownership stake.

  • Illuminate the essential principles of corporate social responsibility, the role of stakeholders, and the triple bottom line within organizational ethical considerations.
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Amber ReneeJun 10, 2024
Final Answer :
D
Explanation :
Stakeholder power refers to the capacity of the stakeholder to positively or negatively affect the operations of the organization. This means that stakeholders with more power have a greater ability to impact the decisions and actions of the organization, making it necessary for managers to consider their interests and concerns in their decision-making processes. Examples of stakeholders with high power can include customers, suppliers, employees, and government agencies.