Element of stakeholder analysis


1) Which of the following is not an element of stakeholder analysis?

A. Identifying stakeholders
B. Financially motivating stakeholders
C. Prioritizing stakeholders
D. Assessing stakeholder needs and collecting ideas from stakeholders
E. Integrating knowledge about stakeholders into the strategic management process

2) The broad environment consists of all of the following except:

A. Technological trends
B. Political and legal forces
C. Competitors
D. Economic forces
E. Sociocultural forces

3) Analysis of society is important for all of the following reasons except

A. Awareness of what is happening in society virtually guarantees that an organization will be able to successfully compete in its own industry
B. Most of the other stakeholder groups are also members of society
C. Awareness of and compliance with the attitudes of society can help an organization avoid problems associated with being a bad corporate citizen
D. Changes in society can provide opportunities for organizations
E. Correct assessment of social trends can help businesses avoid restrictive legislation

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Operation Management: Element of stakeholder analysis
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