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If a company or director wants to create a mechanism for the resolution of matters involving 1,000 stakeholders or more, what is this mechanism called?
- Resolution Committee
- Advisory Board
- Stakeholder Committee
- Governance Committee
Correct answer: Stakeholder Committee
Solution
A mechanism created to resolve matters involving 1,000 or more stakeholders is called a Stakeholder Committee. It is specifically meant to address stakeholder concerns and related resolutions. The other options are broader or unrelated governance bodies.
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