What is the difference between “360-degree feedback“ and “540-degree feedback“ as well as explain well the extra stakeholders which include in 540-degree feedback? State in detail the benefits of using 540-degree feedback instead 360 degrees, keep in mind the strategic point of view of the organization for these benefits.

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter9: The Strategic Management Process: Achieving And Sustaining Competitive Advantage
Section: Chapter Questions
Problem 3CTQ: How is tying rewards to improved sustainability performance a form of strategic control?
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What is the difference between “360-degree feedback“ and “540-degree feedback“ as well as explain well the extra stakeholders which include in 540-degree feedback? State in detail the benefits of using 540-degree feedback instead 360 degrees, keep in mind the strategic point of view of the organization for these benefits.
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