ACCA Strategic Business Leader (SBL) Practice Exam

How can low power stakeholders effectively increase their influence?

1. Work independently on their initiatives

2. Coalition building to increase pressure

3. Randomly select a spokesperson

4. Decrease their demands to gain favor

The correct answer is: Coalition building to increase pressure

Low power stakeholders can effectively increase their influence through coalition building to increase pressure. This approach involves stakeholders joining forces with others who share similar interests or objectives, creating a stronger collective voice. By forming a coalition, low power stakeholders can amplify their concerns, gain visibility, and exert greater pressure on decision-makers. This collaborative effort can lead to increased recognition of their issues and a higher likelihood of achieving desired outcomes or concessions from more powerful stakeholders or organizations. Building coalitions allows for resource sharing, knowledge exchange, and a unified front, making it more difficult for larger or more powerful stakeholders to ignore their demands. It also fosters an environment where the collective interests are prioritized, thereby enhancing the overall bargaining power of the stakeholders involved. The other options would not be as effective for low power stakeholders. Working independently on initiatives may lead to isolation and a lack of impact, as their efforts could be easily overlooked without broader support. Randomly selecting a spokesperson lacks strategic thought and could diminish credibility, as it may not ensure that the spokesperson adequately represents the group’s interests or has the necessary skills to advocate effectively. Decreasing demands to gain favor might lead to a perception of weakness, and might not address the core issues that stakeholders care about, ultimately undermining their influence.