Citation Matching
Project 36230 –
Task 1119386
| Instructions: Identify the Control, if it exists, to which the Citation should be mapped. | Task Description: Match the "Considering External Environment and Stakeholders ¶ 2" Citation to a Control | Authority Document URL: Website URI Document URI |
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Citation Reference: Considering External Environment and Stakeholders ¶ 2 Citation Guidance: An example of an external stakeholder is a regulatory body that grants an entity a license to operate, but also has the authority to fine the entity or force it to shut down temporarily or permanently. Another example is an investor who provides the entity with capital but who can decide to take that investment elsewhere if it does not agree with the entity's strategic direction or its level of performance. An organization that identifies its external environment and stakeholders and the extent of their influence on the business may be in a better position to anticipate and adapt to change. | ||
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