HRD4801 Assignment 1 2024 (Unique Number: 716310) - DUE 15 May 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)...........
QUESTION 1 Tongaat Hulett, a major player in South Africa’s agricultural and agri-pro...
HRD4801
ASSESSMENT 1 2024
UNIQUE NO. 716310
DUE DATE: 15 MAY 2024
, lOMoARcPSD|21997160
ASSESSMENT 01
(Lessons 01 and 02)
DUE DATE Unique number
15 May 2024 716310
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.
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)
1
Open Rubric
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