In a medium$-$sized manufacturing company developing a new product line, internal stakeholders include senior management, project managers, and department heads, each wielding power through hierarchy, influence, and control of strategic resources. Externally, stakeholders such as suppliers, regulatory bodies, and local community representatives hold power through resource control and regulatory influence. The internal team$$s hierarchical power and specialized knowledge drive the project, while external stakeholders impact resource availability and compliance. What strategies can the company use to manage the power of external stakeholders $($suppliers$,$ regulatory bodies, and local community representatives$)$ to ensure project success and maintain good relationships?