assess the types of stakeholders involved in the development process for the pro

Question

assess the types of stakeholders involved in the development process for the product/service of Walmart. Evaluate the impact of key inputs from stakeholder groups on new product service development efforts. Justify at least 2 persuasive strategies that can be used to engage stakeholders in new product/service development projects. assess the types of stakeholders involved in the development process for the product/service of Walmart. Evaluate the impact of key inputs from stakeholder groups on new product service development efforts. Justify at least 2 persuasive strategies that can be used to engage stakeholders in new product/service development projects. assess the types of stakeholders involved in the development process for the product/service of Walmart. Evaluate the impact of key inputs from stakeholder groups on new product service development efforts. Justify at least 2 persuasive strategies that can be used to engage stakeholders in new product/service development projects.

Explanation / Answer

Stakeholders means all those constituents who influence , and are in turn influenced by an organization. In the past , it was considered that a business was accountable only towards the investors. However, now a days a business is considered to be accountable towards all its stakeholders. All the stakeholders have an interest in the conduct of business of the organization. The stakeholders have certain rights with respect to working of an organization.

The term stakeholder includes-

Following are various interest of the stakeholders

1.Investors-

2. Employees

3.Customers-

4.Suppliers-

5.Government –

6.Environment-

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