Mr X is the CEO of a global company in the mining sector. The company employs 200k employees and is involved in numerous community engagement and CSR projects. The company is however currently experiencing poor financial performance and its balance sheet is under severe strain. Under the leadership of Mr X, the company recently managed to secure a mining license in a fairly poor country, but on condition that the signing of the related paperwork needs to take place in person in the country awarding the mining license. Mr X has just arrived for the ceremony in which the license agreement will be signed. During dinner, a very influential person and spokesperson for the relevant minister of mining, approached Mr X and gave him a document with 1.) a list of names and 2.) a list of bank account numbers - coupled with the following verbal instruction: these people need proper employment contracts and the bank accounts need to be topped up with $50kusd respectively - and for this you have two weeks or you are out of this country.

You are required to prepare:

A memorandum to Mr X containing a critical reflection on the aforementioned scenario and to advise him on his response to the Country issuing the mining license. You should consider whether the aforementioned scenario may impact the strategy of the company. Your assignment should not exceed two (2) A4 pages.