Question

Explain how effective stakeholder management is related to sustainability and sustainable development. ( 50 marks)

Answer 1

Sustainability is characterized as the capacity to substantiate of feasible an announcement; additionally, the capacity to keep up or bolster an action or procedure over the drawn out which sustainabledevelopment is characterized as the financial advancement described by low development rate, nonappearance of contamination, and incredibly lessened condition sway. As of late, organizations acknowledged it would be better for them to collaborate with partners. So as to bring about the best result, these partners were to be incorporated into each degree of dynamic in the association. The organizations can choose to include stakeholders to one of three degrees. In the stepping stool of stakeholder engagement, there are three fundamental degrees of commitment: lowest to highest. Lower levels delineate stakeholders being utilized for illuminating and clarifying. Center levels may include motions of cooperation, for example, assuagement, meeting, and arrangement. More significant levels ofstakeholder commitment may be dynamic commitment of responsive endeavors to include stakeholdersin an organization dynamic. Terms, for example, "inclusion", "coordinated effort", or "organization" might be fitting portrayals of this relationship. In general, the development of the organization depends of the maintainable advancement of the relationship of the partners and organizations.