Being able to prioritize among stakeholder groups is important because ______.
A)managers should satisfy the interests of all stakeholders
B)the interests of most stakeholders will ultimately align
C)the interests of different stakeholder groups often conflict
D)doing so provides the greatest opportunity to meet all societal needs

Question

Quizplus · Accepted Answer

Prioritizing among stakeholder groups is important because the interests of different stakeholder groups often conflict. Managers cannot satisfy the interests of all stakeholders and have to make trade-offs between them. Therefore, prioritizing among them is necessary to manage conflicts effectively and make decisions that balance the interests of different groups.

Being Able to Prioritize Among Stakeholder Groups Is Important Because