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Stakeholder analysis is an important part of stakeholder management business practices. The primary objective of stakeholder management is for an organization to create and maintain positive relationships with its stakeholders. This is accomplished through the strategic management of stakeholder expectations and objectives. Stakeholder analysis identifies the individuals or groups who may be affected by a proposed action by examining what stakeholders want or need, as well as their concerns,... więcej
Salem Press Encyclopedia, 2023. 2p.
Stakeholder theory emerged in the second half of the twentieth century and has its primary relevance to the fields of business, ethics, and law. While traditional thinking defined the duty of corporations and similar organizations as solely beholden to shareholders, stakeholder theory seeks to identify others who have an interest in the direction taken by an organization. Organizations must routinely identify stakeholders, analyze the effects on stakeholders of a particular action, and... więcej
Salem Press Encyclopedia, 2021. 3p.
