Stakeholder management

Quiz
•
Business
•
Professional Development
•
Medium
Adhir Mathur
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
1. Who is considered an internal stakeholder in a fragrance and flavor company?
a) Customers
b) Suppliers
c) Employees
d) Regulatory bodies
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
2. Which of the following is an example of an external stakeholder?
a) R&D team
b) Marketing department
c) Client
d) Production managers
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
3. What is the primary purpose of stakeholder management?
a) To maximize profits for the company
b) To ensure stakeholders are kept informed and satisfied
c) To minimize stakeholder involvement in decisions
d) To reduce production costs
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
4. Which tool is commonly used to categorize stakeholders based on their power and interest?
a) SWOT Analysis
b) Power-Interest Grid
c) PESTEL Analysis
d) BCG Matrix
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
5. In the Power-Interest Grid, stakeholders with high power and high interest should be:
a) Monitored closely
b) Kept satisfied
c) Managed closely
d) Informed regularly
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
6. Which of the following is a key concern for regulatory stakeholders in the fragrance industry?
a) Product pricing
b) Product quality
c) Compliance with health and safety regulations
d) Customer loyalty programs
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
7. What is the most effective way to manage a stakeholder with high power but low interest?
a) Keep them informed
b) Monitor them
c) Keep them satisfied
d) Manage them closely
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