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    Expectations of stakeholders

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    Failure to understand the beliefs and expectations of stakeholders:

    a.Causes company's profits to increase in the short run.
    b.Causes company's profits to decrease in the short run.
    c.Causes the performance-expectations gap to grow larger.
    d.Increases the chance of a corporate buy-out.

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    Solution Preview

    "In the last decades of the 20th century, the word "stakeholder" has become more commonly used to mean a person or organization that has a legitimate interest in a project or entity. In discussing the decision-making process for institutions -- including large business corporations, government agencies, and non-profit organizations -- the concept ...

    Solution Summary

    The solution presents a general statement about expectations of stakeholders followed by a one-sentence response to each condition.