Mentor’s Comments-
- Introduce the answer.
- Identify the different stakeholders in the case above.
- Enlist the arguments you would present to the CEO of the Company to take action in this matter.
Q.4 A manufacturing company is located in a small town where it is not easy for people to find jobs otherwise. The company has stayed in the town even though it could find cheaper workers elsewhere, because workers are loyal to the company due to the jobs it provides. Over the years, the company has developed a reputation in the town for taking care of its employees and being a responsible corporate citizen, owing to its CSR activities. The manufacturing process used by the company produces a by-product that has been flowing into the town river for some time now. According to some media reports people living near the river have started reporting illnesses off late and there is also damage to aquatic life. People, however, have refused to come forward as their livelihood depends on the company. You being the Sustainability Officer of the company believe it to be your duty to report this to the higher management. You are of the opinion that this matter is associated with the prestige of the company and should be taken seriously. In the meanwhile the new CEO, who has just joined the company, has called you for briefing and understanding the local issues. On the basis of the above case, answer the following: (a) Identify the stakeholders in the case above. (b) What arguments would you put forth to the CEO to convince him to act on this matter? (20 Marks)
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6 responses to “Q.4 A manufacturing company is located in a small town where it is not easy for people to find jobs otherwise. The company has stayed in the town even though it could find cheaper workers elsewhere, because workers are loyal to the company due to the jobs it provides. Over the years, the company has developed a reputation in the town for taking care of its employees and being a responsible corporate citizen, owing to its CSR activities. The manufacturing process used by the company produces a by-product that has been flowing into the town river for some time now. According to some media reports people living near the river have started reporting illnesses off late and there is also damage to aquatic life. People, however, have refused to come forward as their livelihood depends on the company. You being the Sustainability Officer of the company believe it to be your duty to report this to the higher management. You are of the opinion that this matter is associated with the prestige of the company and should be taken seriously. In the meanwhile the new CEO, who has just joined the company, has called you for briefing and understanding the local issues. On the basis of the above case, answer the following: (a) Identify the stakeholders in the case above. (b) What arguments would you put forth to the CEO to convince him to act on this matter? (20 Marks)”
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Razor payment ID: #0000466569
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Siddharth,
Good attempt. You have given many diverse points. The points given by you are diverse and relevant. In the first part, do not just mention the stakeholders but also mention what are the stakes involved. Other parts have been decently answered.Keep writing.
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Debajyoti,
Good attempt. The points given by you are logical and relevant. You have given many diverse points. In the first part, do not just mention the stakeholders but also elaborate what are the stakes involved. Other parts have been decently answered.Keep writing.
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Muskan,
Good answer. Good that in the first part you have not just mentioned the stakeholders but also elaborated the stakes involved. The points given by you are logical and relevant. You have given many diverse points. Other parts have been nicely answered.Keep writing.
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