Reference no: EM132639593

Principal Pty Ltd is a non listed company based in Perth that manufactures high quality whiteboards and accessories Principal Ply is planning to open a new manufacturing plant in country town and is considering borrowing funds for the venture. Principal believes the town is attractive because it has a suitable pool of unskilled workers (due to a high unempolyement rate) and opening the factory would boost employment in the town.

Problem 1: Which one of the following actions would fall in the high power and high interest quadrant of the stakeholder grid and this guide Principals management on whom to attend to when providing information about the proposed factory?

Option a. Ensuring that the lender has full information about the town and community organisation are given information about the new factory.

Option b. confirming the unemployed people in the town are seeking work and the new factory will have to determental effects on the environment.

Option c. Conducting a public meeting to give early notice about the proposed factory to ensure community support for the development.

Option d. Reassuring current employees that their jobs are secure and there is no intention of closing factory in Perth.