Question

Markers Jimmy Co, a large cocoa bean processor, buys cocoa beans and converts them into cocoa powder and cocoa butter, which is sold to companies that manufacture consumer products.

Select all the possible stakeholders in this scenario:
a) Markers Jimmy Co
b) Cocoa bean suppliers
c) Companies manufacturing consumer products
d) End consumers of cocoa powder and cocoa butter
e) Competing cocoa bean processors
f) Government regulatory agencies

Answer 1

The stakeholders in this scenario include Markers Jimmy Co, cocoa bean suppliers, companies manufacturing consumer products, end consumers of cocoa powder and cocoa butter, competing cocoa bean processors, and government regulatory agencies.

Step-by-step explanation:

The possible stakeholders in this scenario include:

• Markers Jimmy Co: They are the large cocoa bean processor buying cocoa beans and converting them into cocoa powder and cocoa butter.
• Cocoa bean suppliers: They provide the cocoa beans to Markers Jimmy Co.
• Companies manufacturing consumer products: They buy cocoa powder and cocoa butter from Markers Jimmy Co to use in the production of their consumer products.
• End consumers of cocoa powder and cocoa butter: They are the final consumers who purchase and use cocoa powder and cocoa butter.
• Competing cocoa bean processors: They are other companies that process cocoa beans into cocoa powder and cocoa butter and may compete with Markers Jimmy Co.
• Government regulatory agencies: They regulate and oversee the operations of cocoa bean processors and companies manufacturing consumer products.