HRD4801 Assignment 1 (COMPLETE ANSWERS) 2024 (716310) - DUE 15 May 2024 ;100% TRUSTED workings, explanations and soluti ons.
11 views 0 purchase
Module
Strategic Human Resource Development
Institution
University Of South Africa
Book
Strategic Human Resource Development : Concepts and Practices
HRD4801 Assignment 1 (COMPLETE ANSWERS) 2024 (716310) - DUE 15 May 2024 ;100% TRUSTED workings, explanations and soluti ons........ QUESTION 1 Tongaat Hulett, a major player in South Africa’s agricultural and agri-processing sector, has been implicated in a severe scandal stemming from recent acc...
HRD4801 Assignment 1 2024 (716310) - DUE 15 May 2024
HRD4801 Assignment 1 (COMPLETE ANSWERS) 2024 (716310) - DUE 15 May 2024
All for this textbook (9)
Written for
University of South Africa
Strategic Human Resource Development
All documents for this subject (6)
Seller
Follow
MasterVincent
Reviews received
Content preview
HRD4801 Assignment
1 (COMPLETE
ANSWERS) 2024
(716310) - DUE 15 May
2024 ;100% TRUSTED
workings,
explanations and
soluti ons
ADMIN
[COMPANY NAME]
, QUESTION 1 Tongaat Hulett, a major player in South Africa’s agricultural and
agri-processing sector, has been implicated in a severe scandal stemming
from recent accounting irregularities and declining corporate governance
ratings. The scandal concerns widespread irregularities in financial reporting
that led to overstated profits and fraudulent activities. As a result, the
company’s leadership came under scrutiny for neglecting principles
associated with ethics and the governance of risk, ultimately impacting various
facets of the organisation, including the human resource (HR) and human
resource development (HRD) functions. • Discuss the specific principles of
ethics and the governance of risk that were neglected (10 marks) and analyse
the implications of the scandal for the HR and HRD functions at Tongaat
Hulett (5 marks). • Discuss the potential consequences of these kinds of
scandals in relation to the Johannesburg Stock Exchange (JSE) and the
broader investment landscape in the country (5 marks). (20) Open Rubric
LEARNING OUTCOMES On completion of this assessment, you should be
able to: • identify and critically discuss the principles of corporate governance.
• assess the implications of human resource development (HRD) governance
in an organisation. • discuss the roles and responsibilities of corporate
governance in your organisation. • explain the difference between the King III
Report and the King IV Report. • reflect on the three Ps or the triple bottom
line. • reflect on the significance and relevance of governance in HR and/or
HRD. • critically evaluate the application of corporate governance in HR
and/or HRD. Downloaded by Corona Virus () lOMoARcPSD| 2
Principles of Ethics and Governance of Risk Neglected:
1. Transparency and Accountability: Tongaat Hulett failed to uphold transparency in its financial
reporting, as evidenced by the widespread irregularities. The company neglected to provide
accurate and reliable information to stakeholders, leading to a breach of trust and accountability.
2. Integrity and Honesty: The scandal indicates a lack of integrity within the organization, with
instances of fraudulent activities aimed at artificially inflating profits. The leadership's failure to
uphold honesty in financial reporting undermined investor confidence and tarnished the
company's reputation.
3. Risk Management: Tongaat Hulett neglected principles associated with the governance of risk
by allowing financial irregularities to persist unchecked. Effective risk management practices
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller MasterVincent. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £2.03. You're not tied to anything after your purchase.
