A stakeholder group, composed of the CEO and members of the top management team, is considered an important stakeholder group for all of the following reasons EXCEPT:
A) Its influence as either originator or steward of the organization's mission and vision
B) Its responsibility for formulating a strategy that realizes the mission and vision
C) Its power and influence in the organization
D) Its key role in strategy implementation

Question

Quizplus · Accepted Answer

The CEO and top management team are indeed responsible for the organization's mission and vision, strategy formulation, and implementation, but their power and influence in the organization is not an exception to why they are considered an important stakeholder group; it's actually a reason why they are important.

A Stakeholder Group, Composed of the CEO and Members of the Top