Second Assignment Submission deadline: 10:00am on: 03 October 2022 YOUR RESPONSE MUST INDICATE EXTENSIVE WIDER READING OF RELEVANT SOURCES WHICH MUST BE CITED CORRECTLY Provide detailed answers to the following questions: 1. King IV (Principle 16) states that "In the execution of its governance role and responsibilities, the governing body should adopt a stakeholder-inclusive position that balances the needs, interests and expectations of material stakeholders in the best interests of the organisation over time". 21 What is meant by a "stakeholder-inclusive" approach and how can the governing body of an organisation ensure stakeholder inclusivity? (25) 2. What can be done to cultivate a stakeholder culture? Consider the value of the different elements of Stakeholder Engagement and how strategies can be developed to ensure that interaction with stakeholders is integrated into every level of decision-making in the organisation. (25) 3. "What distinguishes an Ubuntu approach is that, instead of assuming that greater economic growth and profitability would lead to the betterment of all, this approach allows for the possibility that a more effective capitalist business framework requires attention to multiple goals beside profit, including harmonious relationships and meaningful work". (Woermann & Engelbrecht, 2019) Describe the concept of Ubuntu and explain how the underlying values of Ubuntu, namely humanness, caring, sharing, respect and compassion, can enhance stakeholder engagement. (25) 4. What prevents organisations from internalizing Ubuntu and how can these issues be addressed?(25)