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Which one is not a way to manage stakeholder expectations? - Commercial Studies

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Question

Which one is not a way to manage stakeholder expectations?

Options

  • Avoid stakeholder input

  • Keep the stakeholder involved

  • Identify concerns

  • Act timely

MCQ

Solution

Avoid stakeholder input

Explanation:

Avoiding stakeholder input is not a way to manage stakeholder expectations. Effective stakeholder management involves keeping stakeholders involved, identifying their concerns, and acting in a timely manner to address those concerns. Engaging with stakeholders and considering their input helps build trust and ensures that their expectations are managed properly.

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Expectations of Stakeholders
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Chapter 1: Stakeholders in Commercial Organisations - EXERCISES [Page 7]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 1 Stakeholders in Commercial Organisations
EXERCISES | Q 7. | Page 7
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