[d3structor]

@eneltonsatria said:
For transaction cost (q1) theory, i explained the following concepts in context to convince the government to disallow the new contract scheme and instead persue full time employment of teacher

Opportunism(self interest of de)
High frequency
Low uncertainty
Low asset specialisation

Benefit>cost in general thus worthwhile to increase budget to employ full time teachers to meet lobg term goal

I understand your rationale for this, but wasn’t the question along the lines of ‘Using transaction cost theory, explain the actions of the HOD’? So should I use the theory to explain what the HOD has already done or to explain what he/she is going to do?

[d3structor]

Q1
(a) Compare and contrast the accountability and ownership of PLC & PSO 8m
(b) How ethical stance for Corporate Social Reporting is different under PLC and PSO 8m
(c)(i) What is CSR strategy and approaches for CSR strategy 6m
(c)(ii) where can CSR embed in public department 4m
(d)(i) Use transaction cost theory to explain the selecting process by PSO 6m
(d)(ii)What is stakeholder claim and critically assess the claim of teacher and government 6m
(d)(ii)Impact of the remuneration package of head of school department and construct the case for changing the bonus structure 8m

Can someone give me a rough answer structure for Q1? I found section b) and c)ii) rather difficult to come up with a proper structure of an answer. Also, for the stakeholder claims, will I have to apply the mendelows matrix? (I used the pyq dec 2012 q4c) Mr Krul as reference) Thanks!

[Author]

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