Stakeholder Objectives - Writing an answer

Business and Stakeholder Objectives

Writing an answer

Case Study

APQ is a multinational company. It makes chemicals that are sold to farmers which help increase the amount of food produced. It plans to open a factory in country X, a developing country. The Finance Director said: ‘This factory will create many external benefits. APQ is a public limited company which tries to act in an ethical way with all its stakeholder groups.' The new factory will cost $100m and there will be an opportunity cost for APQ. The Finance Director cannot decide which source of finance to use for the new factory.

Identify two stakeholder groups of APQ. Explain how APQ could act in an ethical way with each stakeholder group.

Multiple Choice

In my answer I need to explain in context of APQ

• True

• False

Multiple Select

I can use these points about APQ as application points

• Chemicals

• Sold to Farmers

• Public Limited Company

• Planning to open a new factory in a new country

• Cost of $100m

Poll

Lenders/Banks

Pick an application point that matches with this stakeholder group.

• Cost of new factory $100m

• Farmers

Multiple Choice

Owners / shareholders

Pick an application point that matches with this stakeholder group.

• Farmers

• Public Limited Company

Multiple Choice

Customers

Pick an application point that matches with this stakeholder group.

• Farmers

• Opening a new factory

Poll

Community

Pick an application point that matches with this stakeholder group.

• Chemicals

• Farmers

• increase amount of food produced

Analysis

Open Ended

What does it mean when someone says "Analyse this information"

Analysis

Explaining in detail:

Why or How this benefits a business?

Why or how will this affect a business?

Will this be positive or negative for the business?

Identify two stakeholder groups of APQ. Explain how APQ could act in an ethical way with each stakeholder group.

• Identify stakeholder group - example: customers

• Find out application point - example: farmers

• Analysis - How can APQ be ethical towards farmers?

• Final answer: APQ can ensure that it does not charge unfair prices towards their customers - the farmers.