Problem1. It is generally recognized that power is an essential component of accountability and that greater accountability is recognized towards those stakeholders who have more power.

Required:

problem1. Briefly describe the concept of the term accountability.

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

problem3. By virtue of their power describe how stakeholders can exert important affect on an organisation.

problem4. Companies are increasingly engaged with stakeholders in positive and structured way to determine their needs. Effective stakeholder engagement is dependent on reliable information.

problem5. Describe stakeholder engagement and describe its limitations and benefits.