Harriet, a manager of a steel company, wants to design formal processes and systems to deal with the firm's various stakeholders. Which of the following tools will best serve this purpose?
A) Stakeholder mapping
B) Scientific management
C) Strategic positioning
D) Trend analysis

Question

Quizplus · Accepted Answer

Stakeholder mapping is a tool used to identify the various stakeholders of a company and analyze their level of interest and influence. It helps in developing formal processes and systems to deal with the stakeholders effectively. Scientific management and trend analysis are not directly related to stakeholder management, and strategic positioning is more focused on promoting the company's image and reputation.

Harriet, a Manager of a Steel Company, Wants to Design