CIMAPRA19-E03-1 Exam - Topic 6 Question 11 Discussion

Question

QQQ has identified a new strategy which is both Suitable and Feasible However, it will not be Acceptable to some groups of QQQ's stakeholders who have publicly objected to it.

Which THREE of the following statements are correct ways of resolving competing stakeholder objectives, as suggested by Cyert and March?

Georgene · Accepted Answer

A) Negotiate with the key stakeholders to achieve an acceptable compromise. and C) Offer to fully address one group of stakeholders' objections now with a promise to meet the other groups' objections in the future and F) Exercise the Board of Directors' power and implement the strategy despite the objections.

Georgene · Answer

B) Conduct research into the causes of the stakeholders' objectives.

Georgene · Answer

D) Threaten to close down the business unless the objectors withdraw their opposition

Georgene · Answer

E) Publish more information about the new strategy including its profit potential.