A stakeholder defines any party that is concerned or that has some interests in the organization. For instance, these particular individuals are directly affected by any actions that a firm takes. Company directors, owners of the entity, commonly known as the shareholders, creditors, the community as a whole, various unions, existing governance and the organization employees, are good examples of stakeholders. In this particular debate, Big Business Tobacco, Mary Bender, Randall Hedges and cigarette consumers are key stakeholders. Big Business Tobacco aims to maximize its profits in the new market in Asian nations, so the conclusion of the debate will determine the income levels it will get. Mary Bender being the marketing manager wishes to …show more content…
Organizations, therefore, have the mandate to act ethically to the community. Disclosure of information to consumers is one of the issues in the discussion. Big Business Tobacco should provide disclosure information on the health effects of smoking to its consumers. It is, therefore, ethical for the Big Business Tobacco to disclose and include the various health hazards of smoking on the cigarette packets. Compliance with the set laws and regulations is another ethical issue discussed in the debate. The organization has complied with the Australian legislation and has efficiently included a health warning on the cigarette packets. The marketing manager also insists that will comply with any amendments in the Asian law concerning cigarette …show more content…
A company desires a ratio greater than one as it symbolizes that the firm has sufficient current assets to pay all its dues without experiencing financial problems. From the above ratio, the liquidity position of the company is relatively good. However, the trend is not appealing to the company as there seems to be a significant decrease over the years. For instance, the current ratio was 1.87 in 2010 and 0.83 in 2015. It is a massive reduction and has the indication that the company may start to experience financial distress if the management does not take appropriate measures. The quick ratio evidences the same trend of declining ratios, and this may send negative signals to the users of financial