It is very interesting to read your analysis on the challenges facing by the managers in satisfying...

Question

It is very interesting to read your analysis on the challenges facing by the managers in satisfying the needs of various stakeholders of the firm. My questions are: how do the managers reconcile these various stakeholders' needs? What sort of inherent trade-off required when considering more than one stakeholder? Real examples from your own workplace experience are very much sought after!

David · Accepted Answer

With the increasing popularity of stakeholder theory, it has become imperative for the 
managers to focus on views of multiple stakeholders while taking any decision. Quite often, it 
happens that the interests of the various stakeholders tend to at loggerheads with each other. 
In such situation, it becomes difficult for the manager to indulge in prudent decision making. 
In order to reconcile these differences,

It is very interesting to read your analysis on the challenges facing by the managers in satisfying the needs of various stakeholders of the firm. My questions are: how do the managers reconcile these...

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