Question: 120 marks] Task 1-Maintaining relationships with Stakeholders Learning Outcome 5 Develop and maintain operational business relationships with internal and external stakeholders in facilitating organisational accountability
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120 marks] Task 1-Maintaining relationships with Stakeholders Learning Outcome 5 Develop and maintain operational business relationships with internal and external stakeholders in facilitating organisational accountability and transparency in reporting process Instructions This task will apply knowledge of theories on Stakeholder relationships. 1.1 Identify four stakeholders (two internal and two external) and define the roles they have in reporting organisational accountability and transparency in the organisation. (6 marks) 1.2 Develop a plan to maintain effective relationships with internal and external stakeholders. Identify six key factors that would contribute to maintain effective relationships to include in your plan. (6 marks) 1.3 Examine and explain in your own words how each of the two theories below apply to maintaining professional relationships with internal and external stakeholders. A minimum of three points for each theory must be explained. o Freeman's Normative theory and operational planning. (4 marks) o Analytic theory and operational planning. (4 marks)
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