Question: PART A MARKS: [ 5 0 ] Question 1 [ 2 1 marks ] 1 . 1 Discuss the concept of stakeholders. Your discussion should

PART A MARKS:[50]
Question 1[21 marks]
1.1
Discuss the concept of stakeholders. Your discussion should include the following:
a). Define the term stakeholders and distinguish between the narrow and the broader view
of stakeholders
(6)
b). Two examples of stakeholders and how Sasol adds value to these stakeholders.
(4)
1.2
It is stated that two out of the 13 Board meetings were held to specifically discuss and debate the Groups strategic direction. One of the two statements that define strategic direction is a vision statement.
a). Formulate a vision statement for Sasol Limited
(3)
b). Evaluate whether the formulated vision statement meets the requirements of a good vision statement.
Hint: Use a table with the following headings; Characteristics, Yes/No, Reason) when evaluating the vision statement
(8)
Question 2[12 marks]
2.1
Identify TWO levels of strategy in business organisations that are mentioned in the case study with specific reference to the decision-making roles of managers. Indicate which manager makes which decisions. Provide an example of such decisions from the case study.
Use a table like the one below to structure your answer:
Level of strategy
Manager who makes the decision
Example of a decision
(6)
2.2
Resources are the productive assets owned by organisations used to transform inputs to marketable outputs. Discuss ANY THREE types of resources in relation to Sasol Limited and provide an example
of each resource.
(

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