Many people have a tendency to fall into the trap of assessing all stakeholders as being very important in how they are affected by the firm's decision and how much influence they have over the implementation of the decisions.

Question

Quizplus · Accepted Answer

It is important to assess the importance and influence of each stakeholder, but not all stakeholders will have the same level of importance or influence. It is important to prioritize stakeholders and understand their specific needs and the level of impact the decision will have on them.

Many People Have a Tendency to Fall into the Trap