Scenario:

It is basically recognised that power is an indispensable constituent of accountability and that greater accountability is recognised towards those stakeholders who have more power and strength.

Required:

problem1. In brief describe the concept of accountability.

problem2. What do you understand by the phrase stakeholders? Examine four groups of stakeholders and illustrate their potential interest in environmentally and socially related information.

problem3. By virtue of their power describe how stakeholders can exert imperative affect on an organization.

problem4. Companies are increasingly engaged with stakeholders in a positive and structured manner to determine their needs. Effective stakeholder engagement is dependent on reliable information. Illustrate stakeholder engagement and discuss its advantages and drawbacks.