Ethics in Accounting and Finance
Stakeholder mapping is a visual or strategic tool used to identify, analyze, and prioritize the various stakeholders involved in or affected by a project, organization, or decision. This process helps in understanding the interests, influence, and needs of different stakeholders, allowing for effective communication and engagement strategies tailored to each group. By categorizing stakeholders based on their level of impact and interest, organizations can allocate resources and attention appropriately to enhance relationships and mitigate risks.
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