Business Studies, asked by maheeanshu2566, 1 year ago

The interests of an organization's stakeholders often conflict, and the organization must prioritize its stakeholders because it cannot satisfy them all. The ________ is the most critical criterion in prioritizing stakeholders.

a. Power of each stakeholder

b. Urgency of satisfying each stakeholder

c. Importance of each stakeholder to the firm

d. Influence of each stakeholder

Answers

Answered by Ashu2112
0

I'm guessing d. because if one stakeholder is unhappy and their influence reaches a long way then that  stakeholder can influence other stakeholders to maybe go against the organisation.

Answered by MrEccentric
0

A Stakeholder is defined as a person who has a special interest or concern in something...

The various stakeholders, when we consider the conservation of forests, are:

The people who live in and around the forests and are to some extent dependent on the forest produce to lead their life. These people use the forest resources in such a way that not much damage caused to the environment...

The Forest Department of the Government, which owns the forest land and controls the forest resources. The Forest Department has a major stake in the resources of the forest and wildlife, because it is a major source of revenue for the Government...

The Industrialists who use various forest products for their industry, but are not dependent upon the forest of any one particular area. The Industrialists have a major vested interest in the forest resources. They consider the forests as merely a source of raw material for their industries, and are not interested in their sustainability in any one particular area...

The forest and wildlife activists and enthusiasts, who want to conserve nature and its pristine form. Activists are certain people who are not dependent upon the resources of the forest and wildlife in anyway, but want the forests and wildlife to be conserved to prevent undue damage to the environment...

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