Assignment Task:
Accounting assignment (MAA310)
Woolworths Limited (Woolworths) is a large listed Australian company which operates in a number of different sectors. These include supermarkets, liquor stores, petrol, gaming machines (poker machines) and finance. In 2016, Woolworths was reported to be Australia's biggest poker machine owner.
1 Recently there has been a number of media articles suggesting that Woolworths should no longer operate gaming machines.
Question- Assume you are a business consultant recently hired by the Board of Directors of Woolworths Limited. The Board has asked you to prepare a business report which evaluates whether Woolworths should continue to operate gaming machines in Australia firstly, using arguments developed from an agency theory approach and secondly, using arguments from a stakeholder theory approach. Based on your evaluation, the Board has asked you to conclude with your recommendation on whether Woolworths should continue operating gaming machines.
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