PRC-3 · Chapter 1 · Question 9 of 61
A large institutional investor holds significant voting rights in Gamma Corp but rarely involves itself in daily management. According to Mendelow's Matrix, what strategy should Gamma Corp use for this investor?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Keep satisfied
Explanation
Stakeholders with high power but low interest in the daily operations should be kept satisfied according to Mendelow's Matrix.
More Nature of Business MCQs
- Q11A newly established airline company provides domestic flight services. According to business classifications, what type of offering is the…
- Q12The board of directors at Horizon Pharmaceuticals states their core purpose is 'To improve global health by creating accessible…
- Q13A regional manager at a retail chain aims to 'reduce customer wait times by 15% before the end of the third quarter.' What is this an…
- Q14A commercial agricultural business utilizes vast tracts of soil, tractors, hired workers, and the owner's risk-taking ability. Which…
- Q15Which of the following best describes the fundamental role of 'entrepreneurship' as a factor of production?