Answer to Question #218997 in Management for Paballo

Question

South African Breweries’ (SAB) is listed on the Johannesburg Stock Exchange and the parent 

company, SABMiller is listed on the London Stock exchange. As such the SABMiller group of 

companies must comply with corporate governance rules set out for listed companies in various 

countries. Although corporate governance is the responsibility of every employee in the 

company the following structures are particularly responsible for corporate governance in the 

SABMiller group: The Board of Directors, the Executive Committee, Audit Committee and Chief 

Financial Officer.

QUESTION 2

The Board of Directors of SABMiller are usually viewed as _____________ stakeholders. 

1 external

2 indirect

3 primary

4 secondary

Answer 1

Researchers analyze different types of stakeholders. They explain their engagement as a process and platform where organizations met and get to know their stakeholders. Besides, the companies based on values are culture shaped through a set of guidelines and rules. They are their guiding principles since they are the foundation of all activities taking place within such organizations (Todd, Leask & Ensor, 2017). SAB’s corporate social responsibility policy is believed to align with its organizational policies, missions, and vision because it is using both options. Moreover, the primary stakeholders are entities that take part economically within a company. They include the employees, vendors, and customers. Therefore, the correct answer is 3.

References

Todd, L., Leask, A., & Ensor, J. (2017). Understanding primary stakeholders' multiple roles in hallmark event tourism management. Tourism management, 59, 494-509.