Short Answer Question 3 - Alternative Reporting Framework (Answer Length up to 150 words...
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Accounting
Short Answer Question 3 - Alternative Reporting Framework
(Answer Length up to 150 words approximately)
The COVID-19 pandemic has rattled the world economy. Companies across all industries are dealing with the positive and negative economic impacts of this pandemic. However, the pandemic has had social and environmental impacts as well. Companies must address the potential sustainability consequences of their actions during the pandemic to their stakeholders.
Identify any three (3) social and/or environmental impacts companies should be concerned about during the pandemic and briefly explain how they can justify their actions to their stakeholders for each impact. (6 Marks)
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