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ACCA Strategic Professional · Strategic Business Leader · Reporting to stakeholders

Brindle Mining's integrated report describes how its extraction activities use water and energy, how its workforce is trained, and how the mine affects local communities, and explains how these inputs are changed into outputs and outcomes. In <IR> terms, which element of the report is being described?

The description is the business model. The <IR> Framework defines it as the system that takes inputs from the capitals, converts them through business activities into outputs and outcomes, and so creates value, which is exactly what Brindle's report explains.

  1. AThe business modelCorrect
  2. BThe basis of preparation and presentation
  3. COutlook
  4. DGovernance

Explanation

In the <IR> Framework, the business model is the system that transforms inputs, through business activities, into outputs and outcomes that aim to fulfil strategic purposes and create value. Outlook concerns future challenges and uncertainties, and governance concerns leadership structure.

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