Olivia Frye 10/4/2020 Business Management Section 1 – Business Organization and Environment 1.4 Stakeholders 18 marks 40 minutes Read the case study information below and answer the questions that...

I have a case study assignment that needs to be finished before 6am Monday the 5th of October.


Olivia Frye10/4/2020 Business Management Section 1 – Business Organization and Environment 1.4 Stakeholders 18 marks 40 minutes Read the case study information below and answer the questions that follow. FURY AT BANGLADESH MINE SCHEME A huge open-cast coal-mining project by a British firm, that would involve moving the homes of up to 130 000 residents in a Bangladeshi town, is at the center of an international row. The company, GCM, plans to mine up to 570 million tons 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 the 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 governmental approval. A spokeswoman for GMC on the other hand, stressed the importance to one of the world’s poorest countries of jobs, incomes and exports. QUESTIONS: 1. Using examples from the case study, explain the differences between internal and external stakeholders.[4 marks] 2. Differentiate between ‘stakeholders’ and ‘shareholders’ in regard to GCM’s decision to pursue its controversial mining decision.[4 marks] 3. Explain the benefits of any two stakeholder groups arising from this mining project as well as the disadvantages to any two stakeholder groups. Answer using the DEADER method (Describe, Explanation, Advantages, Disadvantages, Evaluate, Recommend).[10 marks]