Stakeholder engagement is:
A) Any issue that is of mutual concern to an organization and one or more of its stakeholders.
B) Competitive intelligence being collected ethically and systematically.
C) The process of ongoing relationship building between a business and its stakeholders.
D) The acquisition of information gained from analyzing the multiple environments.

Question

Quizplus · Accepted Answer

Stakeholder engagement refers to the process of building and maintaining relationships between a business and its stakeholders. It involves ongoing communication, collaboration, and consultation to understand stakeholders' needs, opinions, and concerns. Option A refers to a mutual issue, Option B refers to competitive intelligence, and Option D refers to environmental analysis, which are not related to stakeholder engagement.

Stakeholder Engagement Is