1.8 - Stakeholders

Who are considered internal stakeholders?

• Suppliers, contractors, and customers

• Employees, managers, and owners

• Government and trade unions

• Shareholders and creditors

Which of the following is an example of an external stakeholder?

• Board members

• Investors

• Local community

• Employees

What is a key aspect of managing stakeholders?

• Ignoring their feedback

• Ensuring regular clear communication

• Avoiding decision-making processes

• Limiting their involvement

Why is it important to involve stakeholders in decision-making processes?

• To reduce their influence

• To set unrealistic expectations

• To ensure their needs and feedback are considered

• To avoid communication

What can stakeholder opinions influence?

• The way organizations operate

• The hiring process

• The company's logo

• The office layout

What should be done with stakeholder needs?

• Ignored completely

• Transformed into stakeholder requirements

• Used for marketing purposes

• Kept confidential

Which of the following is NOT an internal stakeholder?

• Customers

• Employees

• Managers

• Suppliers

What is the role of communication in stakeholder management?

• To confuse stakeholders

• To ensure clear expectations are set

• To limit stakeholder involvement

• To avoid feedback

What is a potential outcome of not involving stakeholders in projects?

• Increased stakeholder satisfaction

• Misalignment with stakeholder needs

• Enhanced project success

• Improved communication

Which group is typically considered an external stakeholder?

• Board members

• Trade unions

• Managers

• Owners