Submissions without this cover page will NOT be accepted.
Assignment Purposes
Submissions without this cover page will NOT be accepted.
Assignment Purposes/Learning Outcomes: After completion of Assignment-1 students will able to understand the
CLO 2: Describe the current trends and challenges in global business management. CLO 6: Demonstrate organization’s role in ethics, diversity, and social responsibility.
Assignment-1 Please go through the Case and answer the questions that follows. (Length of each answer should not be less then 150 words)
RAGE AT BANGLADESH COAL MINE SCHEME
A huge open-cast coal-mining project by a British firm, that would involve moving the homes of up to 130000 workers in Bangladesh, is at the centre of an international row. The company, GCM, plans to dig up to 570 million tonnes of coal in a project that will displace people from Phulbari, in north-west Bangladesh. A river will also have to be diverted and the mangrove forest, which is a world heritage site, would be destroyed too. The project has attracted widespread hostility. In protests against the scheme 18 months ago, three people were killed in an area now said to be controlled by the armed forces. Many international campaign groups have written to the Asian Development Bank demanding that it turns down a $200 million loan for the project. The World Development Movement is claiming that the social and environmental damage can never be repaired if the scheme receives government approval. A spokesman for GCM, on the other hand, stressed the importance to one of the worldNs poorest countries of jobs, incomes and exports. Source: Observer, 9 March 2008 (adapted) Part A
What do you understand by the term “Stakeholders”? Using examples from the case study, explain the differences between internal and external stakeholders. [2] Explain the benefits of any two stakeholder groups resulting from this mine project. [2] Explain the disadvantages to any two stakeholder groups resulting from this mine project. [2]
Discuss the ways in which GCM could reduce the impact of the disadvantages it has created for stakeholder groups negatively affected by the mine. [2]
Discuss the view that businesses who claim they have an objective to protect the environment are really just trying to create a positive image in order to increase their sales and profits. [2]
Part B
ANSWERS:
PART A
Q1. What do you understand by the term “Stakeholders”? Using examples from the case study, explain the differences between internal and external stakeholders. [2]
Answer: Q2. Explain the benefits of any two stakeholder groups resulting from this mine project. [2]
Answer: Q3. Explain the disadvantages to any two stakeholder groups resulting from this mine project. [2]
Answer:
Q4. Discuss the ways in which GCM could reduce the impact of the disadvantages it has created for stakeholder groups negatively affected by the mine. [2]
Answer: Part B
Q5. Discuss the view that businesses who claim they have an objective to protect the environment are really just trying to create a positive image in order to increase their sales and profits. [2]
Answer: