Kellogg’s developed the proposal to introduce temporary workers that would be paid less because of high production costs. The company defended its move while citing the need to remain competitive as a motivator behind the need to find a cheaper workforce. In addition, the company’s management said that the current labour cost structure is higher that what their competitors have, and there is a need to cut it and adopt a sustainable budget. Furthermore, the company spokeswoman, Kris Charles, cited that there have been fewer demands for breakfast cereal because of the fast economy and life. People have to eat a snack ...
Reputation Case Studies Samples For Students
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When the Huston Astros made a stadium naming deal with Enron the future looked bright. Enron was a company which was making a lot of dividends and a major player in the American economy. Association with such a company is prestigious and highly lucrative for any sports outfit. Enron however collapsed and filled the biggest bankruptcy in American history. This soiled the reputation of the Huston Astros that had affiliations with the company. To add insult to injury the reputation of Enron took a nose dive due to the manner in which the company collapsed. It was associated with insider trading and corruption. This further ...
Recommendation on approach to follow in the installation of a company real-time vehicle locator
In a medium-sized town from the west, the system of vehicle-locating should rhyme with the geographical size of the town. Some of the factors that are supposed to be considered are the strength of the signal, which will lead to viability of the location process of the vehicles that are installed with the tracking device within the town. Ideally, there are a number of issues that should be identified and solved. In a dense urban centre, there are factors that are essential before determining the strategy to install the system. These include the density and structures of buildings are medium in ranging, ...
Delineate the ethical issues and dilemmas the company faced.
The coca cola company has the largest distribution systems globally, and is also among the largest beverage companies marketing four of the world’s top five leading soft drinks (Ferrell et al 2011). There has been ethical issues and dilemmas which have caused it to lose its stand in the global market, stocks as well as deter its future growth. The company had ethical issues related to product safety where they were accused of selling hazardous products to consumers. This happened in Belgium in June 1999, about thirty school children became ill after consuming Coca Cola products. This contamination ...
Recreational property acquires land parcels or property with recreational potential; they consolidate several parcels and obtain leases from the European Union Environmental Agency and create desirable recreational facilities. After acquiring the land, they either develop it themselves, or they sell it to another developer. Anders wants to obtain a set of land parcels in the White Mountain range, however, before obtaining the lease a group of conservationists blocked the authorization of the lease claiming that the lease would have negative impacts on the environment. All agencies have not been of help to him as they all tell him to wait for ...
1. In what way(s) was Hank experiencing burnout? What else did he experience?
It is observed that Hank is experiencing burnout because he is no longer developing new business for the company. Hank refuses to change his style of doing business despite the fact that he was already advised by Elaine. The marketing proposals that he presents to the clients are not tailor made for them. Hank simply refuses to accept the changes in the manner of doing business in the organization. Another sign that Hank was experiencing burnout was he is becoming cynical and resentful of ...
The human resource department mostly determines the success of an organization. It simply means that the human resource image plays an important role in how the organization's operations are perceived by both the investor and the stakeholder of the organization. According to the research finding of international accounting along with the consulting firm, they clear highlighted the human resource technique being adopted by most of the successful business entities. The research reveals that the effectiveness of a human resource department is measured by the overall function in relation to the bottom line contribution (Hailey, 2005). These factors in place mean ...
Question 1
Employees have a right to free speech when they are both at work and when they are not at work. This is provided by the constitution which grants them individual rights and liberties. Freedom of speech is one of the constitutional rights that employees have. Their employers do not have any right to infringe upon the freedom of speech among their employees because both the employees and the employers are equal before the law. Employees also have the right to privacy and should therefore not be monitored when they are off work. This is both a legal and ethical issue.
Question 2
Employees ...
The complaints about the faulty acceleration systems of the cars manufactured by the Toyota Company surfaced as early as March 3, 2004. However, the company took long to address this issue and ended up between a rock and a hard place. The cause for this prolonged delay in the assessing of these faults in their vehicles was due to the culture of organization within Toyota. Negative results and feedbacks within the company were sealed within the company instead of being addressed. This showed that the company was afraid of any shame or tainting of its public image; thus admitting to the ...
Introduction
People have always adhered to compliance with rules, regulations and standards that govern everyday living. Most people are aware that there are universal codes of ethics and morals that guide in decision making, as well as in the assuming the expected conduct of behavior. Ethics, most especially, is crucial in business. As asserted by Pitts & Kamery (2003), “ethics are important to firms for a variety of reasons: including the legal responsibilities of the executives, costs of violations, and reputation” (p, 79). Likewise, organizations that design ethical codes of conduct were proven to be more successful and last longer (Wadhwa, 2009; Worcester, ...
Executive summary
Organizations continue encountering increasing numbers of crises that are a big threat to the overall performance of the firm. Multinational corporations are at high risks of experiencing crises because they involve long chains of management and sometimes managing every activity becomes a challenge. The discussion below analyzes a scenario of a bribery scandal involving a retail clothing manufacturing company based in New Jersey. The scandal happened in Egypt between organization's logistics managers and Egypt custom officials. Strategic crisis management process is required to address the issue to maintain the good reputation of the company while avoiding breaching the company's ...
Deciding Which Market to Enter
A case study of Taco Bells
Introduction
A company with objectives of entering into new markets must implement strategic decisions on the type of market and the entry mode. Typically, global business enterprises enter new markets through exportation, obtaining market licenses, the formation of joint ventures, or sole venture entry (Keegan, 1989). Any of these entry modes require a firm to commit some resources to succeed in the market entry. Thus, initial strategic decisions as to the category of the market and appropriate entry mode are essential. High competition, industrial organization, and international market imperfections tend to impede the ...
Negative Impact on Brand when using Athletes as Brand Ambassadors
The utilization of athletes by a brand to connect with the target market is with regards to the combination of the athlete’s skills in the sports, personality and the power to connect from an emotional standpoint.
When done right it gives the brand great leverage to operate on a profitable level in terms of sales and brand equity, however, if a controversy erupts, it affects the brands reputation, given that most brand ambassador campaigns are based around the character of the athlete.
Lance Armstrong is a classic example of an athlete’s negative activities impacting the brands reputation, ...
Current Situation
The situation presents the unethical practices by Enron’s Chief Financial Officer, Andy Fastow during a period of massive violations of ethical and accounting practices. Fastow started Special Purpose Entities (SPEs) such as LJM which unethically grew and boomed out of Enron’s shares and assets (Arbogast). There was a serious conflict of interest since Fastow owned a big share of LJM. Before I joined, Global Finance as lawyer in the Tax Department, I had heard of LJM being a special purpose vehicle to purchase assets from Enron. I obtained a memo addressed to Enron’s executives in which Fastow sought exemption from Enron’ ...
Customer Inserts His/Her Name
Customer Inserts Tutor’s Name
QUESTION 1
Throughout its history Chinese Airlines Limited (CAL) has been beset with a number of problems that have negatively impacted both its profitability and reputation. The sources of these woes have been diverse in nature ranging from human resource management issues to various political considerations. The airline continues to face a number of threats as well as harboring internal weaknesses that may threaten to derail the company’s future prospects, however the company also possesses significant internal strengths and possible opportunities to avail. These will be described below using various analytical methods.
PEST
Political ...
The ER that became the emergency
Problem Overview
Community Memorial Hospital (CMH) is one of the main hospitals in Middleville, Ohio. Although the reputation of the hospital is quite good, there have been a number of concerns in the recent years regarding the financial situation of the institution. Although CMH is a not-for-profit organization, stable financial performance is crucial for maintain high level of customer service and to support clinical trials. That is why the hospital has launched a new marketing campaign, which seemed to have attracted quite a number of people. However, a more in-depth analysis of the demand patterns has revealed that most of the demand increase can ...
Introduction
Public relations means harnessing favorable relations and reactions for organizations and products through effective utilization of communication tools and channels (Bernays, 2004). There are numerous types of public relation strategies, but the most effective one is crisis public relations, which is used in defending organizations and individuals facing a challenge in reputation. In crisis communication, there are many strategies all with the aim of: sustaining connectivity, accessible to news media, sustain information security, and streamline communication process (Griffin, 2008). Therefore, effective communication in a crisis can vastly transform an unforeseen situation into an expected one, hence responding accordingly.
A case ...
Issues in Business: Case Analysis – Risk Analysis
Issues in Business: Case Analysis – Risk Analysis
Introduction
The case study under analysis herein, assumes a larger business venture of an online streaming video service Netflix. The company, as any other commercial enterprise, needs to secure its online proprietary data, as well as protect its software learning environment from unpaid subscribers, or unauthorized hackers. Historically, the company just started one year ago, in the context of the case study. The perspective of this written report is from a consultant. According to Gill (2012) IT risk lays at the heart of business, although many treat this aspect “as an afterthought,” and ...
Introduction
Fair play in business practices is essential to the maintenance of a self-sustainable corporate environment. Precisely, all the parties involved in any business activity need to embrace ethical principles while following the legal provisions in any commercial venture. With this in mind, it is worth acknowledging the fact that Kallestad breached the fundamental provisions of an implied warranty by selling substandard products to Peter and Tanya Rothing. According to Murthy and Blischke (2006), an implied warranty is a contract arising from the operation of the law guaranteeing that the goods to be sold are merchantable and are appropriate for ...
Introduction
Lululemon Athletica Inc. is a luxury yoga and an athletic sportswear corporation that was founded by Chi Wilson. The company has been under intense pressure from its clients, critics as well as the media due to several public relations disputes that have developed over a few years ago. According to this case, the first issue occurred in 2005 when Wilson made remarks concerning his belief regarding the legitimacy of child labor. This made the firm experience a loss of clients. Consequently, the occurrence of a continuous changing value in the stock market, and a great act of criticism.
The ...
Executive Summary
The purpose of the paper is to describe UPS’s abilities to expand international market, namely Indian. UPS is an international company, which generates a profit of tens of billions of US dollars, known in more than 200 countries around the world. In addition to the delivery of goods and documents, UPS also provides other transport, logistics services, and services in the field of e-commerce. Established in 1907, it has developed from a small business into a fairly solid company with a reputation. UPS’s international expansion began after the recognition by FAA of its own airline in 1988. ...
British Petroleum (BP) is an energy company, ranked as the third largest in the world. It undertakes oil exploration, refining, and the sale of oil products. The energy industry exposes the company to numerous risks and uncertainties in the exploration, extraction, refining, and sale of products (Bamberg, 2000 p.34). BP has however managed to maintain its top position in having a 100% oil reserve replacement for 17 years. Despite the efforts to maintain safety precautions, unfavorable events have followed the company’s operations. One instance is the explosion in the Gulf of Mexico where the company was drilling in ...
The case study on Salt Lake City, the Olympics, and Bribery manifested a complex scenario, which demands a critical valuation. The case involved the perceived default by professional heads of the Salt Lake City Olympic Committee (SLCOC) and members from the International Olympic Committee (IOC), who have the full understanding of the ethical and legal stipulations of their work. The analysis of the case requires exclusive consideration of all facets ranging from the activities, circumstances that led to the occurrences, the individuals involved and the required rules as well as the regulations governing the corporates. Therefore, the analysis would employ the ...
I. Executive Summary
The present memorandum details an analysis and suggested response strategy to the recently disclosed American military activities within the Abu Ghraib detention center in Iraq. In forming the analysis, I provide a discussion of the major causative factors of the situation and an overview of the authorizing environment in place. The recommended response strategy details a five-step program to address the crisis in a way that acknowledges the issues and provides concrete actions to remedy the damage. Finally, this memorandum closes with a review of the lessons to be taken forward from this situation with the ultimate goal of ...
It is important for an institution for higher education to conduct preliminary observations and surveys prior to developing a strategic plan in order to determine the areas, or departments that require some change, and those department or areas that are operating, and functioning properly. These initial observations allow the researchers and decision makers to make educated decisions to solve problems and improve overall results (Girden & Kabacoff, 2011). This paper will layout a strategic plan for Spring Valley University (SVU).
History
SVU is a public institution for higher education located in Spring Valley, New York. SVU educates about 6500 undergraduate students ...
Merck and Its CSR
Facts
River Blindness is a disease affecting people in some of the poorest countries in the world, in Africa and Latin America. In 1978, an estimated 340,000 people have gone blind and about 18 million were infected with the disease. Dr. William Campbell discovered a possible use for ivermectin: It can be developed into a cure for River Blindness. He thus sent a memo to Dr. Vagelos requesting funds to develop the new product. The problem is that the product cannot be profitable. The target communities are not among the company’s target markets. Since these communities are ...
Central Issue:
The question to be answered is how Mattel should respond from a strategic standpoint in light of a product recall that involved unsafe toys that were made in China. While the use of offshoring of labor is pervasive in the industry that Mattel works in, there are indeed other options and having “tainted” toys and other products that are used primarily, if not solely, by children is a huge problem for Mattel from a reputation and liability standpoint.
Recommended Course of Action:
Mattel is in a precarious position in that having the toys made in the United States or in other fully developed ...
VOLKSWAGEN CASE STUDY
Executive summary:
Volkswagen is the leading manufacturer of car products. This company holds Volkswagen group and produced a variety of models. Recently, Volkswagen has been involved in the emission scandals of their equipped vehicles. The company vehicles are equipped with software that was cheating on emission tests. Hence, Volkswagen is the top selling brand of Volkswagen group. Since 1975 the company has been treated as world largest automaker in the world. Volkswagen has the most cars of the automobile manufacturer which has multiple revisions of model names. In this, the crisis management of the Volkswagen emission scandal has been ...
Internal analysis of Hudson’s Bay Company
Introduction
The internal analysis of a firm enables the understanding of the internal factors that has contributed to the position that the firm is currently in. It involves the analysis of the resources of the firm and the attributes such as inbound logistics, operations, marketing, human resources management, development of technology that adds value to the organisation. The core competency analysis enables the understanding of the expertise, skills and abilities it has to maintain a competitive position in the industry. Internal analysis also enables the finding of the key success factors that are contributing to the competitive advantage of ...
Socrates was charged with denying the gods’ existence and perverting the young. Interestingly enough, he admits having committed a crime, while believing he has done no harm. Also, the fact that the he has annoyed people amuses him; therefore, he enjoys the position of a hell-raiser in the society.
What is the Euthyphro Dilemma? Why is it important for ethics?
Identifying the essence of Piety constitutes the Euthyphro Dilemma, as well as the objects of the gods’ love and the reasons for the love. It is relevant in terms of ethics, we would not be able to discriminate between the good and evil and what reasons lie behind people’s ...
Q1 Answer
I strongly believe that the cell phone incident is a very big deal for the company. Although Chen’s team did all they could to secure a very the bid for the project, this action is questionable. The company will benefit greatly from this new bid won by Chen. However, the act is unethical and does not have any support from the code of ethics for the company irrespective of the lack of such policy. Entering into a personal relationship to win a bid for a project is detrimental to the company’s reputation and public image. The behavior ...
What where the Arthur Anderson employees and managers supposed to do and what did they do instead?
Arthur and Anderson employees and managers being stakeholders of the AA auditing company were supposed to exercise professionalism by practicing independence as required by the accounting profession. In addition, they were supposed to be independent from Enron Company to which was their client as international standard on auditing and internal. For example they were not supposed to be part of Enron’s employees and should not have taken part in the internal audit of the company. Besides they were supposed to give a true view of Enron’s financial statements as per there knowledge and skills in accounting and auditing.
...
This paper is going to present a discussion on Nike’s main officers, their compensations and some corporate governance issues that the company is facing.
Nike’s Main Officers
The main officers in Nike include Philip Knight, the chairperson of the Board of Directors; Mark Parker, the President, CEO, and a member of the Executive Committee; Donald Blair, the Executive Vice President and also the Chief Financial Officer; Trevor Edwards, President of Nike Inc. Brand; Jeanne Jackson, President, product and Merchandising; Erick Sprunk, the Chief Operating Officer (Nike Inc., 2014).
Brief Description Officers
Philip Knight
Knight is Nike’s Chairman of the Board of Directors. He moved ...
Information Privacy and ethics
Facts
- Manning technologies is an organization that implements innovation and creativity in developing new technology.
- The company structure is divisional, and individuals are assigned specific division.
- There are different categories of personnel
- The “creative” personnel works on a particular project in 20% of their time.
- A project is only reviewed upon completion where it is forwarded to the board if approved so that the appropriate division is assigned resources to continue developing.
- Leslie High, a Creative assigned to the Aviation Division.
- He works on a unique approach to ...
Discern how a more effective ethics programs and a more viable code of conduct could have mitigated the ethical issues faced by Nike.
An effective ethics program helps an organization establish a culture that has concern for their employees well being (Mullan 2010). The organization will consider employees as an important part of their business and strive to ensure that they are working in safe conditions. In the case of Nike a more effective ethics program would have ensured that they do not hire children to work for them in their factories. It is not ethical to hire children, Nike would have ...
Business Financial Problems:
Executive Summary _________________________ 3
Brief History _________________________ 5
Statement of the problem _________________________ 6
Conclusion _________________________ 15
Works Cited _________________________ 17
Executive Summary
Capital budgeting is one of the key functions that a business needs to underatake in order to establish effective and efficient ways of allocating its funds in various investments and projects. In that respect, businesses apply some basic methods of evaluating their prospective projects with IRR, Payback period and NPV forming the most widely applied methods. However, the evolving world of business is increasingly demanding a consideration of other factors beyond the conomic factor which is the key ...
Leadership is the process of exercising power and influence in the social environment with the aim of achieving the objectives of a given organization. Each organization should have a leader to exercise control and organization in the performance of duties. Usually, a leader gives direction to the people under him. The leader should be in a position to gain the trust of his followers in order to have proper coordination (Kouzer & Posner 2006). A leader should also be supported by other people in order to carry out his duties effectively. He cannot work alone. This is the major reason why he communicates with ...
Current Strategies of SONY
The major strategic problem which Sony Corporation faced was inefficient and ineffective structures of manufacturing which led to a decrease in the quality of the company’s products. However, currently the Japanese management has taken full control in order to improve the productivity through use of quality control and total quality control. Application of total quality control has been a good strategy for the company which is intended to help Sony Corporation create a way of thinking which is process oriented and thus help the company in developing those strategies that gives a promise of a continuous enhancement.
The qualities of SONY’s ...
Executive Summary
California Pizza Kitchen (CPK) is a chain of dining restaurants which offers a wide variety of foods. However, much of its focus is on its premium pizza sector. The company has a total of 248 restaurants. Under this chain several restaurants like California Pizza Kitchen, LA Food Show, and California Pizza Kitchen ASAP are found. Its operations are widely distributed in thirty states and also in 8 countries outside the US [California Pizza Kitchen (n.d.)]. This report is an in-depth analysis of the company’s operations, using the framework specified by the RBV model.
The model depends on the basic identification of a ...
The Choice
In the current case, BMI has managed to develop a multi-million dollar business, but they still remain unknown as they are a new company. The company has a management team made by individuals with years of experience and strong industry reputation. BMI (Brand Momentum Inc.) needs to evaluate all options and identify the way the company can maximize their brand reach and exploit their competencies. Among all three choices available for promoting BMI and developing the company’ brand name, the most effective option would be to use traditional marketing option. The traditional marketing option requires BMI to purchase ad ...
3 August 3, 2016
The Coca-Cola Company has a long history of innovation and development. The company was founded in 1886 by a recipe concoction created by pharmacist John S. Pemberton (Coca-Cola, n.d.). The beverage enjoyed moderate success until Pemberton passed away, and several businessmen worked to ensure the trademark drink would become a world famous flavor. In the early 1900s the product expanded rapidly from its roots in the southeastern United States across the country, and the cause of all of this growth can be traced back to successful leadership in terms of management and innovation. The purpose ...
Central Issue:
Why did Google and China choose to negotiate a partnership, bearing in mind what was at stake and the difference in their individual objectives? Google would risk going against one of its principles (do not be evil), whereas China would need to rethink its censorship policy.
Recommended Course of Action:
Business institutions and states should look at the best option (negotiation) to ensure that they fulfill their needs as much as possible. Therefore, both parties should be ready to make compromises, but ensure that they do not end up on the losing end.
Basis for Recommendation:
I chose the arbitration option because both Google and China ...
Discussion Question #1 Answer
For many years, Dell Corporation has been exerting its efforts to sustain its competitiveness in the electronic industry. The company has also been using its effective strategies that makes it one of the major computer companies on a global basis. There were various techniques that company employed in order to sustain its reputation in the market as the most preferred computer brand on a global basis. The process, to which the company has taken in order to reach the top rank and became a leader in computer business was driven by different factors especially the company’s desire to ...
The most important element of Kroc’s strategy was a concept of uniformity. Thanks to his experience in sales, Kroc recognized the significance of uniform standards. His strategy guaranteed that customers of McDonald’s all over the country could anticipate receiving the meal of same size and quality in different restaurants and these expectations would be met by McDonald’s franchisees, no matter where they were located. In order to achieve this ideal of uniformity, Kroc developed standards of operation, trained franchisees and monitored all McDonald’s outlets to ensure that they met these standards. In addition, Kroc’s ...
In business, organizations embrace broader strategies to counter competition. However, regardless of the strategies chosen, factors such as the target market as well as competitive advantage align the business towards countering any competition from rivals. Since its inception, Starbuck has employed a differentiation strategy. The firm has concentrated on a wider segment of the coffee market. Schilling (259) points out that since 2013; differentiation strategy has assisted the company remain the undisputed leader in the coffee business. According to Schilling (259), while embracing the strategy, Starbuck had accumulated over thirteen million dollars. Besides, it had over nine thousand branded ...
Sony is an electronics and entertainment large size organization based out of Japan. There have been two major hacks against Sony. The first one was in 2011where an unknown user hacked the play station network accounts and accessed all the user IDs and passwords. This was a very big risk for the users as there was a threat of access to other personal information like credit cards, email and physical address, telephone numbers etc.
Second was according to a published work by Biddle, (2014), there is a very famous and big hacking ‘tragedy’ with this company. In the year ...
Wellfleet bank faces a number of risks that include credit risk, political risk, reputation risk, market risk, country risk, operational risk, liquidity risk, and compliance risk. In reviewing the proposal to extend a credit facility of $1 billion to Gatwick Gold Corporation (GGC), the bank is facing credit risk, liquidity risk, reputation risk, and operational risk.
GGC is requesting the $1 billion credit facility in order to redeem a convertible bond that had a conversion price of $65 per share. Wellfleet expect that GGC will draw the entire $1 billion and in case of default, the loss would be ...
In the past years Abercrombie & Fitch relied on the exclusionary marketing policies. The company received very positive image by selling high quality clothes that only the good looking people could buy. However, now there are complaints about the exclusion of plus-size people and the company has to decide to follow its principles or to be more inclusive.
Abercrombie & Fitch was established at the end of the XIX century and used to sell clothes and equipment for hunters and fishermen. Starting from 1988 the company focuses only on the apparel and its key customers are young people. In 1992 Michael ...
Introduction
This report presents the strategic analysis and the strategies followed by the Trader Joe’s. The analysis is followed by the recommendations given at the end of the report. Strategic Factor Analysis of Trader Joe’s tells about strategies that are currently used by this company and how these can improve its profitability as compared to its competitors. This report uncovers the problematic areas and then applies strategic tools to come up with the recommendations for the future actions.
Trader Joe’s was started by a person named “Coulombe”. After completing his education of MBA Coulombe started working with ...
Introduction
In Dilemma 4, a company manager is concerned about whether he should stop doing business with two of his suppliers for violating international child labor laws. The suppliers are based in a foreign country where it is legal to employ underage children so long as they are not doing dangerous work. However, the manager understands that the UN passed a convention that prohibits all forms of child labor, and that this convention is binding upon all party states. The ethical dilemma is that if the manager stops doing business with the two companies, his company will run short of ...
CONTENTS
I. Introduction 3
II. Factors, Behind Huawei Decision to Enter the Canadian Telecommunications Market 4
(a) Political Environment in Canada 4
(b) Economic Environment in Canada 5
(c) Legal Environment 6
(d) Technological Environment 6
(e) Environmental Profile 6
III. Huawei Response to Competition in Canada 7
(a) Bargaining Power of Suppliers 7
(b) Bargaining Power of Customers 8
(c) Competition Intensity 8
(d) Threat of Substitute Products 8
(e) New Market Players Entry 9
IV. Two Ways to Enhance Image and Reputation in Canada 9
V. Conclusion 10
References 11
Introduction
Huawei Technologies Ltd. is one of the leading ...
Introduction
Over the long period of its history casino gambling has been an important source of entertainment, as well as a focus for the government’s regulatory activities, significantly influencing the competition within the industry. According to the information by the PwC, the revenue of the USA-based casinos accounts for 48.9 percent of the revenues of global casino industry. The casino gambling market is characterized with relative stability following the 2008-2010 decline. The major trends of the industry development are an expansion of regional casino markets (e.g., in Pennsylvania), a growing accessibility of gaming for different customer groups, as well ...
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Research Findings. The phenomenal rise and downfall of WorldCom will go down in history as one of the most turbulent times witnessed in corporate America. The issues related to WorldCom, brought to light many ethical dilemmas, which professionals in the Accounting and Internal Audit functions face, in their working life. The internal auditing function is an activity which helps an organization, by improving its operations and achieves that by implementing systematic processes and a disciplined approach to risk management, control and governance. ...
Kindred Todd & the Ethics of Organizational Development - Case Analysis
Problem
The case of ‘Kindred Todd & the Ethics of OD’ illustrates a situation where an employee named Todd has started working for a consultation firm and she is facing an ethical dilemma. She was told by her boss Mr. Stebchuck to represent herself as Continuous Quality Improvement expert in front of a client. However, she was just a fresh graduate with no training or relevant experience to be able to recommend quality solution to the client. Following are the macro and micro level problems presented in the case;
A. MACRO
Macro problem is referred to a subject of concern, which may ...
Summary
The Facebook postings of a Northeast BMW salesperson causes corporate embarrassment and hurts company's brand image (Lopiano and Watson). Having a long established history as a major, luxury dealership, Northeast BMW has a positive employer-staff relationship based on loyalty and proper compensation. Moreover, Northeast BMW maintains her customer base based on repeat business and long-standing company-customer relations. This corporate culture has continued after a leadership change. The new company's leader, a son-in-law of company's last leader (himself a son of dealership's founder), emphasizes company's commitment and management as a "family business". The negative postings by a company's salesperson (on ...
CONTENTS
I. Introduction 3
II. The Real Reasons of GSK Corruption Controversy 5
(a) Corruption is intrinsic to the elite Chinese business circles 5
(b) The mechanisms of Internal Audit were Not Adequate 7
III. The Response of GSK to the Allegations of Corruption 8
IV. The Nature of GSK Alleged Guilt 8
V. Avoiding the Mistakes of GSK China 9
VI. Lessons Learned 10
References 12
Introduction
Doing business in China has never been an easy task. The country has extremely entangled legal framework, intense competition between the domestic and international goods producers, not to mention that this communist country ...
1. Joint ventures can be very unstable if the partnership is not properly established. For a company like GE, with a large amount of income to invest in new partnerships and new strategies, it can certainly be beneficial to build their own venture from scratch as a greenfield venture (Business Leadership Management, 2015). However, when GE was utilizing acquisitions and greenfield ventures, the economy was a very different animal than it is today. Today, the economy is much weaker than it was in the years prior to the 2008-2009 downturn; risk in the marketplace needs to be carefully considered and avoided by most ...
Understanding How they Include Consumer Behavior Issues in their
Management and Marketing Mix Operations
Introduction
Trendy, hip and classy; all these three specifically different descriptions of what fashion-bags are all about could describe the very products offered by the Bag Borrow or Steal online company. The organization offers a unique concept for those who want to engage with their business. One is through actually buying the product they offer, another is through the rent program and the last option is to actually resell the bags to another market likely making an alliance with the company through retail agreement. These options are specifically created by the company to ...
Preparations
This delicate issue needs a very mature approach. If I commit any mistake regarding John’s situation, I might end up making matters worse for both John and the company. What I will do is performing substantive preparations including the questions I will ask him. What I will be keen about is preventing depressing him more. He is in a delicate situation, which I understand. I will make sure I let him know everything I think will be of great help towards his mental health. I will keep the discussion informal to create a free environment where interaction will not be limited
At Stake/Risk
...
Executive Summary
This report provides a discussion of the expansion options that are available to Porcini, Inc. as it embarks on the launch of a new restaurant chain called Pronto, which is aimed to provide travelers with quickly prepared meals that are of a higher quality than fast food. With the company lacking in financial resources, they can grow the restaurants either through a franchising or syndication approach. Each approach has its advantages and disadvantages, all of which are discussed in this report. A recommendation is also made as to which option would be more effective for Porcini’s expansion initiatives.
Background
Porcini’s, Inc. was a ...