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ans 3) When managing a company, it is vital to keep all participants up to date on what is going on - especially the stakeholders. Keeping the stakeholders informed is an oft-neglected but vital part of running a successful company. There are many ways to inform stakeholders - from using collaborative software that informs clients of the project status, to creating status reports, to having daily or weekly meetings. An informed stakeholder also makes it easier to avoid conflict in the future. In the Satyam Scandal the following stakeholders which played a major role were the employees,shareholders,media groups,government,board members etc The board members as well as the audit memebers did not take their job seriously showed mismanagement which in turn affected other major stakeholders. ans 4) Tha management of Tech Mahindra needs to keep the following things in mind: Companies must be careful when selecting executives and top level managers. If there’s corruption at the top, it’s bound to trickle down. Each employee must be accountable for their actions, regardless of the role they play in the company investigating all inaccuracies: The fraud scheme at Satyam started small, eventually growing into a 1.04 billion pound elephant in the room. A lot of fraud schemes start out small, with the perpetrator thinking that small changes here and there won’t make a big difference- and is less likely to be detected.

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ans 3) When managing a company, it is vital to keep all participants up to date on what is going on -especiallythe stakeholders. Keeping the stakeholders informed is an oft-neglected but vital part of running a successful company. There are many ways to inform stakeholders - from using collaborative software that informs clients of the project status, to creating status reports, to having daily or weekly meetings. An informed stakeholder also makes it easier to avoid conflict in the future.In the Satyam Scandal the following stakeholders which played a major role were the employees,shareholders,media groups,government,board members etcThe board members as well as the audit memebers did not take their job seriously showed mismanagement which in turn affected other major stakeholders.ans 4) Tha management of Tech Mahindra needs to keep the following things in mind:Companies mustbe carefulwhen selecting executives and top level managers. If theres corruption at the top, its bound to trickle down. Each employee must be accountable for their actions, regardless of the role they play in the company investigating all inaccuracies: The fraud scheme at Satyam started small, eventually growing into a 1.04 billion pound elephant in the room.A lot of fraud schemes start out small, with the perpetrator thinking that small changes here and there wont make a big difference- and is less likely to be detected.