The first step of managing external stakeholder relationships is to identify whom the stakeholders are. The second step is to ___________ .

Question

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Once the stakeholders have been identified, the next step is to determine their particular interests or concerns. This helps in developing appropriate strategies to manage the relationships effectively. Option B is not the next step as it assumes that one strategy can be applied to all stakeholders, which is not always the case. Option C is irrelevant as the number of stakeholders in each group is not necessary for managing the relationships. Option D is not relevant either as it deals with the legal consequences of stakeholder claims, which is not the primary concern in managing stakeholder relationships.

The First Step of Managing External Stakeholder Relationships Is to Identify