2.1 given the information : The CFO Mr Rudy Rock is almost never available to assist with financial problems because he is on overseas holidays most of the time
The COO, is unapproachable and does not want to spend money on proper project management in general
provide at least 4 reasons why the economic financial sustainability of Dithaba might be under threat. include why it is important for Dithaba stakeholders that the company is economically sustainable
1. Lack of proper financial management: With the CFO being unavailable and the COO unwilling to invest in project management, there is a lack of oversight and control over the company's financial resources. This can lead to inefficiencies, waste, and potential financial mismanagement.
2. Lack of strategic planning: Without proper financial guidance and investment in project management, Dithaba may struggle to plan and execute long-term strategic initiatives. This could hinder the company's growth and competitiveness in the market.
3. Risk of financial instability: The absence of proper financial management and oversight can increase the risk of financial instability for Dithaba. This could lead to cash flow problems, inability to meet financial obligations, and potential bankruptcy.
4. Stakeholder concerns: Dithaba stakeholders, including employees, customers, suppliers, and investors, rely on the economic sustainability of the company for their own well-being. If Dithaba's financial sustainability is under threat, stakeholders may be negatively impacted, leading to concerns about job security, product/service quality, and return on investment.
Overall, it is important for Dithaba stakeholders that the company is economically sustainable because it ensures the company's longevity, growth, and ability to meet the needs and expectations of its stakeholders. Economic sustainability also contributes to overall stability and success in the marketplace, bolstering confidence and trust in the company among stakeholders.