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CASE C: A company manufactures clothes in a number of towns and cities in the United Kingdom. These are then distributed to a network of
CASE C: A company manufactures clothes in a number of towns and cities in the United Kingdom. These are then distributed to a network of retail outlets throughout the country. The company is owned by two other companies that take an active interest in the profitability of the clothing manufacturing and retailing sides of the business. Other UK clothing businesses now source their products from overseas as manufacturing costs in the UK are extremely high and reduce margins on the sale of the final product. The board of the business is currently considering closing the manufacturing side of the business and sourcing their garments from countries like China and India where manufacturing costs are half of those in the UK. However, there is some concern over the conditions for workers in these countries and the age of labour used. Questions: 4) Stakeholders are any groups or individuals who can affect or are affected by an organization, strategy or project. Identify the internal stakeholders of this clothing company, then match their corresponding role in respect to corporate governance. (10 pts) 5) External stakeholders are entities not within a business itself but who care about or are affected by its performance. Identify the external stakeholders of this clothing company, then match their corresponding role in respect to corporate governance. (10 pts)
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