Wesfarmers Ltd is an example of a large public company that trades in Australia. On its website, Wesfarmers claims that its governance policies together with a statement regarding ethical and responsible behavior will ensure that the company will achieve its primary objective.

Your task is to navigate the website of Wesfarmers Ltd and to answer the following questions.

(i)Briefly describe three (3) of the company's governance policies.

(ii)What is the primary objective of Wesfarmers Ltd.

(iii)Identify three (3) actions that Wesfarmers states must be taken in order to achieve its primary objective.

Finally, briefly explain why Wesfarmers Ltd cannot be not classified as a Proprietary Company. In doing so, you should include a definition of what is a proprietary company