Exam (elaborations)
MNG3701 Assignment 1 [Detailed Answers] Semester 1 - Due: 26 March 2024
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Exam of 12 pages for the course Financial Accounting at Unisa
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MNG3701ASSIGNMENT 1 (SEMESTER 1)
DUE DATE: 26 March 2024
Written Assignment Submission Guidelines:
Please ensure that your assignment is submitted electronically through the myUnisa platform no
later than 26 March 2024. Kindly note that fax or email submissions will not be accepted.
NB: Assignment submitted to the lecturer(s) through email will not be considered.
QUESTIONS:
1. In the context of responsible management, responsibility focuses on stakeholder engagement
with the aim to optimize stakeholder value. Discuss the concept of stakeholders. Your discussion
should include the following:
a) Narrow and broader view of stakeholders.
b) Examples of stakeholders and how MTN adds value to its stakeholders.
ANSWER:
STAKEHOLDER CONCEPT:
In responsible management, stakeholders are individuals, groups, or entities affected by or
affecting the actions and decisions of an organization. They hold a vested interest in the
organization's activities and outcomes.
➢ Narrow View: This perspective includes individuals or groups directly impacted by the
organization's operations, such as employees, customers, and shareholders.
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