Explain, with examples, two benefits companies might enjoy by engaging interactively with stakeholdersProvide a case example...

Explain, with examples, two benefits companies might enjoy by engaging interactively with stakeholdersProvide a case example (case support ) with your answer.

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Benefits -

1) Effective engagement with stakeholders help business to develop trust of stakeholders towards business.

2) It help firms to manage risks and supports to prioritise those risks.

For example- Cadbury company has established the relationship with stakeholders by consulting regularly with the workers and treating them well. Further, communities welcome the presence of firm and investors were happy to provide money to the company.

Rahul Sunny answered 1 year ago

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Explain, with examples, two benefits companies might enjoy by engaging interactively with stakeholdersProvide a case example...

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Expert Solution

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