Managing ‘Stakeholder Interaction’ for Better Business Strategy

Managing ‘Stakeholder Interaction’ for Better Business Strategy.

Read the Forbes article, “Managing ‘Stakeholder Interaction’ for Better Business Strategy,” and address the following questions:

  • What is the difference between a strategy and a tactic?
  • How is the concept of corporate sustainability, as described in the article, connected to the company’s strategy?
  • What are two ways a leader can convey the company strategy to internal stakeholders?

Please use our textbook and the Forbes article in your response.

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Textbook is

  • Pearce, J.A. & Robinson, R.B. (2011). Strategic management: Formulation, implementation and control (12th ed.). New York: McGraw-Hill.

Managing ‘Stakeholder Interaction’ for Better Business Strategy

 
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