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Many strategic decisions fail because they do not attend to the interests and information held by key stakeholders. This scenario has prompted a stakeholder's approach to corporate governance.
(a) Describe the term ‘stakeholder'.
(b) Discuss the importance of stakeholder mapping.
Stakeholder management requires the identification of conflicts/potential conflicts, gaps, contradictions or incompatibilities between stakeholder requirements, so that a reconciliation strategy can be planned.
(c) Illustrate a stakeholder mapping matrix.
(d) Describe the Ambrosini typical maps, with illustrations, for managing stakeholder relationships.
differentiate between pricing efficiency and allocative efficiency
The higher the rate of interest the more likely you will elect to invest your funds and forego current consumption. Is this statement true or false?
#Minimum 100 words accepted#
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