In the ______ step of a stakeholder impact analysis, firms identify those stakeholders that currently have, or potentially can have, a material effect on the company.

Respuesta :

In the first stage of a stakeholder impact analysis, firms recognize those stakeholders that currently maintain or potentially can have, a material impact on the company.

What are stakeholder impact analyses?

Stakeholder impact analysis is the communication of ideas, opinions, needs, criticism, etc. by those designated as stakeholders for each particular impact area. The main recipients of intervention are stakeholders in the social sector.

A typical corporation's investors, employees, clients, and suppliers make up its main stakeholders. However, the idea has been broadened to encompass communities, governments, and trade groups as a result of the growing focus on corporate social responsibility.

Stakeholder analysis is the first step in this process when you pinpoint and begin to comprehend your key stakeholders. Identifying your stakeholders is the first step in this process. The next stage is to rank them in order of importance and interest, then map this information on a grid of power and interest.

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