What had been a question of values and ethics has now become an issue of corporate policy. Corporate Social Responsibility (CSR) has been globally accepted by the firms in the twenty first century, in order to fulfil their moral obligations to the society that is giving to them profits and gains. One can get several examples these days where big multi-national firms (MNEs) are lending a hand towards the betterment of the society. For example: Volkswagen India initiated a programme in Maharashtra's draught stricken community by offering to expand their water reserves. This would help the local population get easy water access ...
Volkswagen Reports Samples For Students
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Volkswagen AG
Sirs:
The Volkswagen AG has recorded a turnover of GBP 1.4 in the year ending December 2013 the highest ever in the history of the group. The operating profit of the group recorded an impressive 66% growth to GBP 137.9 million during the same period. This makes the group the largest car and automotive manufacturer in the world. The automobile industry today faces significant competition and market saturation. One of the main strategies that we have adopted is to offer more than one car in the same segment to ensure we ...
VW Group Strategy
Introduction
Volkswagen (VW) is a global automotive industry based in Germany. The industry specializes in the manufacturing and distribution of vehicles in Germany and other parts of the world. With the current challenging business environment and the high competition in the automotive industry, VW group ought to come up with effective business strategies to make her succeed. The company composes of experienced employees that dedicate their time and efforts to produce unique products into the automobile market. VW Group has set a 2018 strategy aimed at positioning the company as a business leader among all automobile manufacturers globally (Volkswagen, 2014). The ...
Globalization
Over the years, neoliberalism has come to rival liberalism as a political ideology. This is in tandem with the suggestion that liberalism, as a political ideology, has gone through change to reemerge as a neoliberalism. To this end, there exists a suggestion as to the existence of a common experience for both concepts. A general definition of neoliberalism states that neoliberalism is a political ideology inclined towards favorable constitutional changes in bid at achieving democracy and freedom . On the other hand, the definition of neoliberalism is encapsulates it as a “a modified form of traditional liberalism.” Liberalism took root as a political slogan in Spain and Sweden and ...
Ratio Analysis
Introduction
The ratio analysis helps in understanding the financial position and performance of the company in context of its industry and competitors. Over the last few years, the competition in the vehicle or automotive industry has been increasing that have resulted in fluctuations in their financial performances. BMW is one of the oldest company in the automotive industry have successfully developed itself over the period of time and completed 100th years with the beginning of 2016 (BMW, 2014). On the other hand, Volkswagen is another one of the leading automotive company in the global industry. Both of these companies ...
Volkswagen Scandal
Dear XYZ,
In response to the work assigned for preparing a report on Volkswagen emission controversy, please find enclosed the detailed internal report containing my findings and recommendations pertaining to the issue. As I found, the company is going through the tough time when it is facing actions from the regulators and other agencies for violating the emission norms of the different countries. Also, there is a big blow to credibility in the eyes of customers. Concerted efforts of all the stakeholders are required to tide over the crisis. Based on the sources I referred to, the report goes ...
About 5% of the pension fund’s investments have been made in Volkswagen Group which has recently fallen prey to a major scandal. These investments face high risk, now that the company’s share price has fallen considerably. On 18th September 2015, few Volkswagen cars were found to be emitting lethal amounts of nitrogen dioxide into the atmosphere despite having passed various pollution control tests. This irregularity in the diesel engines was caused due to engine management software which was deliberately fitted in each car belonging to a particular model. More than 11 million vehicles have thus, been estimated ...
Answer to Question
Introduction
Social interaction is apparent in almost all aspects of daily living, whether a teacher talking to his students or a car salesman selling the latest car model to an eager client. Within this interaction people makes a good realization of another person’s personality and how the other person perceive the other’s personality through interpersonal perception. The concepts of attribution theory, interpersonal perception relates to the tenets of social psychology (Krauss, 2008). The application of interpersonal perception to daily social interaction considers how people understand the world for what it is, but responds to the cues that defines the ...
Environment as a Source of Opportunities and Threats
There is no doubt that “understanding the environment that surrounds an organization is important to the executives in charge of the organizations” (Edwards, Try, Ketchen, & Short, 2014, p. 63). One of the fundamental concepts discussed in chapter 3 is the effect of the general environment on the organization and its performance. The first concept is that the general environment is a source of potential opportunities and alternatives as well as a source of risks and threats for a company. According to business report published by Bloomberg, “Volkswagen AG’s namesake brand reported a decline in U.S. sales for the ...
Question 1
Management information system [MIS] is an integrated system that helps the management with relevant information to plan and make decisions in order to run the business more effectively and efficiently (Becerra-Fernandez and Leidner, 2014 p.42). The core aim is to make raw data into useful information that helps in managerial decision-making. That being said, the functions of MIS are data capturing, data storage, data processing, data and information distribution, prediction or forecasting, planning, and control (Leon, 2008 p.328). Data processing is the process of gathering data from various sources; this may include customer touchpoints like stores and e-commerce sites, ...
Introduction
The analysis of situations in a global marketing environment involves determining the internal and external aspects that help understand the potential abilities, the potential customers as well as the environment in which the business aspires to take part in. It involves using various methods put together by the company’s managers and consists of the SWOT analysis, the five forces described by Porters model and the 5c’s. The process also requires formulating good and clear marketing plans that will be used as a guideline for articulating the benefits related to the company’s products to the market. The essence of ...
Introduction
Globalization refers to the integration of economic activities with local and foreign companies competing in the host country. It involves the liberalization of the markets so that trade can be conducted freely. It brings in technological advancement into a country and the customer benefits greatly since the transaction costs have been reduced.
Globalization has led to the increase of multinational corporations in the world market due to the liberalization of trade policies and practices. The spread of globalization is based on the capitalist theory of free trade. With globalization there are winners and losers. The bilateral and multilateral trade agreements ...