Understanding stakeholders key terms

Stakeholder needs and mapping

Stakeholder needs and mapping is a Business concept used to analyse Explain why managers need to consider stakeholder needs when making decisions.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.

managers

managers should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.

need

need affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.

Stakeholder needs and mapping

Stakeholder needs and mapping is a Business concept used to analyse Use stakeholder mapping to analyse stakeholder power, interest, overlap and conflict.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.

stakeholder mapping

stakeholder mapping should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.

power

power affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.

strategic implementation

strategic implementation is a Business concept used to analyse Explain how communication and consultation can help manage relationships with different stakeholders.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.

Stakeholder relationship management

Stakeholder relationship management should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.

communication

communication affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.

Stakeholder relationship management

Stakeholder relationship management is a Business concept used to analyse Evaluate approaches to balancing conflicting stakeholder needs in business decisions.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.

evaluate

evaluate should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.

approaches

approaches affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.