To grow, change, and survive, an organization must manage both cooperation and competition among stakeholders.

Question

Quizplus · Accepted Answer

Managing both cooperation and competition among stakeholders allows an organization to balance the needs and interests of various groups, which is essential for long-term success and growth. Cooperation facilitates collaboration and teamwork, while competition drives innovation and improvement. Failing to effectively manage either one can lead to conflicts and hinder progress.

To Grow, Change, and Survive, an Organization Must Manage Both