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MNG3701 ASSIGNMENT 1 2024 MTN GROUP 100%
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MNG3701 ASSIGNMENT 1 2024 MTN GROUP NARROW AND BROADER VIEW STAKEHOLDERS AND MTN ADDS SMART GOAL FOR MTN VISION SATEMENT FOR MTN MTN COMMITMENT TOWARDS THE SDGs
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MNG3701 ASSIGNMENT 1SEMESTER 1 2024
MTN GROUP
, QUESTION 1
1. NARROW AND BROADER VIEW OF STAKEHOLDERS.
The concept of stakeholders in responsible management refers to individuals, groups or
entities that are affected by or can affect the actions and decisions of an organization.
Stakeholders can be categorized into two main views:
Narrow view of stakeholders:
In the narrow view, stakeholders are typically seen as individuals or groups directly
involved in or impacted by the operations of the organization. This include:
• Shareholders/investors: individuals or entities who have invested capital in the
company and expect returns.
• Employees: workers within the organization who contribute to its operations and
success.
• Customers: individuals or entities who purchase goods or services from the
organization’s operations.
• Creditors: individuals or institutions that provide financial support or credit to the
organization’s activities.
• Regulators/ Government: government bodies or agencies responsible for
overseeing and regulating the organization’s activities.
Broader view of stakeholders
In the broader view, stakeholders encompass a wider range of individuals, groups or
entities who may not directly engage with the organization but are still impacted by it
actions. This includes:
• Local communities: people residing in he vicinity of the organization’s operations
who may be affected by it’s a impact or activities such as environmental impact
or employment opportunities.
• Non-governmental organization (NGO): groups advocating for specific causes or
issues that may be influenced by the organization’s actions.
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