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The international manufacturing multinational Grassland Corporation operates in a challenging and competitive market characterised by supply chain instability, technology changes, and a growing focus on
The international manufacturing multinational Grassland Corporation operates in a challenging and competitive market characterised by supply chain instability, technology changes, and a growing focus on Environmental, Social, and Governance ESG concerns. There are many opportunities and challenges associated with the company's dedication to innovation, worldwide operations, and responsible business practices. Stakeholders must sort through the complex facts as Grassland Corporation prepares and releases its yearly financial statements in order to comprehend the company's financial situation and strategic choices.
Grassland Corporation's profitability has been impacted by major technology upheavals in recent years. Research and development R&D expenditures are high due to the rapid changes in consumer tastes and industry improvements. While these expenditures try to keep the business at the forefront of innovation, they often make shortterm profitability difficult.
The worldwide supply chain's susceptibility to natural disasters and geopolitical unrest exacerbates these difficulties. In order to preserve liquidity and fulfil its financial obligations, the business must carefully manage its working capital due to the disruptions and inefficiencies caused by these external causes.
In addition, Grassland Corporation is coming under more and more criticism for its corporate governance, labour policies, and environmental effects. The company's reputation is impacted by the need to meet strict ESG requirements, which also poses financial and regulatory dangers.
Required:
Explain any four reasons why it may be challenging for an organisation like Grassland to satisfy all its stakeholders especially considering stakeholder objective conflicts shortterm and longterm objectives. marks
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