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ExamsIBPS POGeneral Awareness

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?

  1. Resolution Committee
  2. Advisory Board
  3. Stakeholder Committee
  4. 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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