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sertanlavr [38]
2 years ago
15

How can the company that purchased the mine better approach the situation?

Business
1 answer:
ddd [48]2 years ago
5 0

The company that purchased the mine better approach the situation by developing a strategy that include all stakeholders.

In the year 2006, giant of the mining industry Xstrata purchased the Tintaya copper mine in Espinar, Peru. There has been a dispute between the community and the mine over issues including land rights,  pollution,  and social responsibility of the mining company. The previous mine owner had established a good dialogue table with the local community. According to many people , when Xstrata took over, the company did not abide by those arrangements which were made by the previous owner.

That is why if Xstrata wants to make better then it should consider the interest of every stakeholder over there.

To know more about Tintaya copper mine here:

brainly.com/question/11045973

#SPJ4

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Answer:

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Given that,

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(3) Total profit:

P(x) = R(x) - C(x)

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