Which of the following three important stakeholder attributes should managers pay special close attention to in order to better understand stakeholder impact analysis?

Question

BlackTom AI · Accepted Answer

When approaching stakeholder impact analysis, it helps to recall the classic framework that identifies three key attributes of stakeholders that determine their level of salience: power, legitimacy, and urgency. 
Option 1: 'grace under pressure, financial control, and reward power' mixes concepts that are not the standard triad for stakeholder salience. While financial control and specific types of power can be relevant in some contexts, the combination here does not align with the widely taught three attributes used to gauge stakeholder impact.
Option 2: 'shareholder rights plan, board representation and CEO influence' focuses on governance mechanisms and positions within an organization, rather than the attributes that drive stakeholder salience in impact analysis. These factors describe structural or strategic roles, not the essential salience criteria.
Option 3: 'power, legitimacy, and urgency' directly matches the established triad of salience—power (ability to influence), legitimacy (perceived justification for influence), and urgency (time sensitivity of the stakeholder’s claim). This option correctly identifies the core attributes managers should examine to assess stakeholder impact.
Option 4: 'competitive advantage, economic value, and time' touches on strategic outcomes or performance metrics, but they are not the foundational attributes used to assess stakeholder salience in impact analysis. They describe outcomes or resources rather than the relational attributes of stakeholders themselves.
In summary, the third option aligns with the recognized framework for stakeholder analysis, whereas the other options describe related concepts that do not constitute the core attributes used to gauge stakeholder impact.

Which of the following three important stakeholder attributes should managers pay special close attention to in order to better understand stakeholder impact analysis?

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