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Risk impact definitions will have relatively low thresholds if stakeholder' risk tolerance is low If stakeholders' risk tolerance is high, thresholds for defining impact will also be high.
Fringe stakeholders are stakeholders who could not directly impact the firm; however, they can joint together and voice their concerns using the Internet or other medium. On the other hand, those stakeholders that can directly impact the firm is called "salient stakeholder" Reference: Capitalism at the Crossroad page 20. Author Dr. Stuart L. Hart
-High risk tolerance means high impact thresholds
High risk tolerance means high impact thresholds.
Consequences for an organization breaking laws and codes can include legal penalties, fines, lawsuits, damage to reputation, loss of business opportunities, and potential closure of the organization. Additionally, it can impact employee morale and result in decreased trust from stakeholders.
The stakeholder management strategy is the approach developed to deal with the stakeholders in the best interests of the project. Once we identify & analyze the stakeholders, it is imperative that any good project manager will put together a plan that can be used to manage these people. The strategy should include the following elements: • Key stakeholders • For each stakeholder, level of influence on the project and level of impact on the stakeholder from the project • How to manage individual stakeholders • How to manage groups of stakeholders
There are two type of stakeholders which are internal stakeholders and external stakeholders. Thank you
You compartmentalize them so that they don't have a negative impact on you anymore. In the case of bad memories, this helps with closure.
The main difference between Kaleen closure and positive closure is; the positive closure does not contains the null, but Kaleen closure can contain the null.
the causes of the great depression are,the impact of the first world war,the closure of many banks,the closure of markets,a lot of money spent on the WWI and depopulation as a lot of people died in the WWI
The stakeholder management strategy is the approach developed to deal with the stakeholders in the best interests of the project. Once we identify & analyze the stakeholders, it is imperative that any good project manager will put together a plan that can be used to manage these people. The strategy should include the following elements: • Key stakeholders • For each stakeholder, level of influence on the project and level of impact on the stakeholder from the project • How to manage individual stakeholders • How to manage groups of stakeholders