Refer to the Scenario below to answer the questions that follow.
Managing Stakeholder Relationships (Scenario)
Daniel Guzman has been hired by Flair Fashion Corporation,a manufacturer of precious metal jewelry.Flair Fashion has been having problems with some of its major stakeholders.These include poor quality materials from its suppliers and complaints from its customers.Daniel has been hired to help resolve the current issues and to develop a plan for managing other stakeholder problems in the future.
-Daniel begins by defining stakeholders as ________.
A) the constituencies in the external environment that are employed by the organization
B) the constituencies in the external environment that own shares in the organization
C) the constituencies in the external environment that compete with the organization
D) the constituencies in the external environment that regulate the industry
E) any constituencies in the external environment that are affected by the organization's decisions and actions
Correct Answer:
Verified
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