STAGE $1-$ TOPIC $2$a: Stakeholders and Social Responsibility

You have begun to work as a researcher for a major financial newspaper, The Dollars and Sense. A senior journalist has asked you to help her research and write a feature article on the bid by the international chain of hotels to acquire $($buy$)$ all the shares in Goaway Hotels from the family of owners, then implement its strategic plan to cut the number of local workers and reduce labour costs.

You are instructed by the senior journalist to analyse the potential impacts on the primary stakeholder groups, if the family agrees to sell all their shares and enable the takeover of Goaway Hotels by the international company, then provide her with brief summaries $(1$ to $2$ paragraphs for each impact$)$:

$1.$ Assess the potential impacts on the wages and conditions of the local employees at Goaway Hotels?

$2.$ Explore the likely actions that the United Workers Union, representing the local workers, may take to protect the union members$$ legal rights, pay and other benefits.

$3.$ Summarise the actions that the new $$worker friendly$$ government may take to put conditions or restrictions on approving the sale of this local business to the foreign company $-$ under pressure from stakeholders including the international company and the United Workers Union.

$4.$ Investigate new job opportunities for other family member and relatives of the economic migrant workers recruited from East Asian Peoples Republic, if the sale to the foreign company goes ahead?

$5.$ demonstrating your evaluation skills in assessing the importance of the different stakeholder groups in this scenario.