The assignment discusses the importance of media in ensuring transparency and correct news dissemination during incidents like the Dreamworld theme park malfunction that resulted in four fatalities. The media played a crucial role in reporting the incident objectively, without biasness, and effectively communicating information to internal and external stakeholders. The incident had significant impacts on internal stakeholders such as employees and customers, while external stakeholders including citizens and society at large were also affected. The business suffered a loss of credibility and revenue, and there was an environment of caution among people. Ultimately, the media's transparency in reporting the incident helped establish a bridge between the organization, government, and society.