Question

Following are the various responsibilities of business towards the different
interest groups as discussed above. State which responsibility relates to which
particular group.
i. Protection of environment.
ii. Better living conditions like housing, transport, canteen, crèches etc.
iii. Promotion of sports and culture.
iv. Opportunity for better career prospects
v. Regular supply of goods and services
vi. Proper working conditions and welfare amenities
vii. Goods and services at reasonable and affordable price.
viii. Prompt after sales services.
ix. Conservation of natural resources and wildlife

Answer 1

Answer:

Considering that the interest groups are not stated, following are general interest groups matched with the given description,

Explanation:

i. Protection of environment.

Stakeholder group: Community, Pressure groups

Because they care for the environment. They know how environment protection is necessary.

ii. Better living conditions like housing, transport, canteen, crèches etc.

Stakeholder group: Employees

All employees of a business what these facilities for themselves.

iv. Opportunity for better career prospects

Stakeholder group: Employees, students, general public

This literally applies to anyone and everyone.

v. Regular supply of goods and services

Stakeholder group: The customers.

Because they are the ones who purchase the goods. For instance, sugar is a need, if it gets short every now and then, there is no regular supply, they would be affected the most.

vi. Proper working conditions and welfare amenities

Stakeholder group: Employees.

This is for their benefit. The working conditions are related to them and the union which they are a part of. As the union protects their rights.

vii. Goods and services at reasonable and affordable price.

Stakeholder group: Customers

ix. Conservation of natural resources and wildlife

stakeholder group: Community, Scientists, general public