The process that provides a systematic way to identify the expectations,needs,importance and relative power of various stakeholders is known as:
A)corporate social responsibility
B)stakeholder management
C)stakeholder mapping
D)Both A and C.
E)None of these choices.

Question

Quizplus · Accepted Answer

The process described is stakeholder mapping. Corporate social responsibility (CSR) is a broader concept that encompasses the organization's efforts to address the impact of its operations on various stakeholders, including social, environmental, and economic aspects. While stakeholder mapping is an essential tool for effective stakeholder management, it is not the same as CSR. Therefore, options A and D are incorrect. Option E is also incorrect as it does not provide any valid response.

The Process That Provides a Systematic Way to Identify the Expectations,needs,importance