A stakeholder's ability or capacity to produce an effect within the finn is called its

Question

Quizplus · Accepted Answer

Power refers to a stakeholder's ability to influence and produce an effect within the firm. This can be through a variety of means, including controlling resources, having important relationships, or having expertise that is valuable to the firm. Legitimacy refers to the perceived appropriateness or right of a stakeholder's claim or demand, urgency refers to the criticality or time-sensitivity of a stakeholder's claim or demand, and coercion refers to the use of threats or force to achieve a desired outcome, which is not necessarily a desirable or effective means of influencing a firm.

A Stakeholder's Ability or Capacity to Produce an Effect Within