What is the most critical stakeholder group?

  • School University of Texas, San Antonio
  • Course Title MANAGEMENT 3013
  • Pages 18
  • Ratings 69% (13) 9 out of 13 people found this document helpful

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26.The most critical stakeholder group is often the ________.A. stockholdersB. managersC. employeesD. customers

27.To help managers and employees make ethical decisions and behave in ways that benefit their stakeholders,they can use four ethical rules or principles to analyze the effects of their business decisions onstakeholders, the ________ rules.

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28.The utilitarian rule states that an ethical decision ________.

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29.According to which of the following rules is an ethical decision one that best maintains people'sfundamental privileges?

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30.The adage "Do unto others as you would have them do unto you" is a(n) ________ principle.A. justiceB. utilitarianC. moral rightsD. existentialism

31.According to which of the following rules is an ethical decision one that distributes rewards and harms in afair way?

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32.One managerial implication of the justice model is that managers should base their decisions on ________.

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33.Employees who are similar in their level of skill, performance, or responsibility should receive similar pay;allocation of outcomes should not be based on differences such as gender, race, or religion. This is anexample of which rule of ethical decision making?

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34.When a manager has no hesitation about communicating to people outside the company regarding adecision made because the typical person in a society would think it is acceptable, this logic is explained bythe ________ rule.A. justiceB. moral rightsC. utilitarianD. practical

35.The practical rule states that an ethical decision ________.

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Who are the most critical stakeholders?

As a general rule, stakeholder priority can be divided into three levels. The first and most important comprises employees, customers, and investors, without whom the business will not be able to operate. Secondary to them are suppliers, community groups and media influencers.

Who is the most important stakeholder group?

Shareholders/owners are the most important stakeholders as they control the business. If they are unhappy than they can sack its directors or managers, or even sell the business to someone else. No business can ignore its customers. If it can't sell its products, it won't make a profit and will go bankrupt.

Who are the critical stakeholders of a project?

Here's why project stakeholders are so important..
Project manager..
Team members..
Managers..
Resource managers..
Executives..
Senior management..
Company owners..
Investors..

Which type of stakeholders have the highest?

Primary stakeholders (also known as key stakeholders) have the highest level of interest in the outcome of a project because they are directly affected by the outcome.