Question: Why is it important for Procurement to identify stakeholders? Stakeholders have a vested interest in and will be directly affected by the outcome of the

Why is it important for Procurement to identify stakeholders?
Stakeholders have a vested interest in and will be directly affected by the outcome of the procurement.
Stakeholders have more knowledge than Procurement regarding how the purchase can help the entity.
Stakeholders are usually above Procurement in the entitys chain of command and have authority over Procurement.
Stakeholders may be offended if they are not included in a conversation about a specific procurement.

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