Entr510: Case Study: Joe Costello
Student Name
Keller School of Management
Date
ENTR510
Part A
What is your opinion of the behavior of the following actors
Joe Costello: Joe Costello was the CEO of the Cadence Design System during the great Silicon Valley intellectual property theft. Joe constantly fought the critical against the Avant to seek justice and finally he got it. During this complete prosecution phase he faced many hurdle and criticism from the industry leaders and from customers as well. He ignored all those criticism and faced the hurdle effectively and got justice for the wellness of the Cadence Design System, which again created the very good reputation of it in the market. Joe …show more content…
Customers were satisfied with the Avant products. Customers were also blaming the Costello that he is wasting everyone’s times. One of Cadence customer saying that- “If Joe is right, this would make an example of someone who went over and didn’t come back” and that proved right at the end of this case. Before the final decision normal customer were criticizing the Costello for wasting the time and taking the Avant fight …show more content…
The Guidelines implement this death penalty by setting a fine “sufficient to divest the organization of all its net assets” (Noonan, 2012). So in united state there is provision if any company is doing criminal activity then its penalty can be the death penalty. From all the investigation by the CBI and police it is clear that foundation of Avant was the fraud, theft, trade-theft, persuading other to do theft for shake of some money. To retain in the market and to earn money Avant did the fraud where they can. For example they persuaded the “Igusa” to steal the area-based program and later on launched it over night. So what they did was not acceptable at any cost. I think that for the rise of Avant every body was responsible including investors, IPO under writer and shareholder. So I strongly believe that, for such kind of unacceptable offence death penalty should be the appropriate punishment. Shareholders and investors should get their money by selling Avant and rest of the amount should be paid the Cadence for the loss they occurred due to
Keller School of Management
Date
ENTR510
Part A
What is your opinion of the behavior of the following actors
Joe Costello: Joe Costello was the CEO of the Cadence Design System during the great Silicon Valley intellectual property theft. Joe constantly fought the critical against the Avant to seek justice and finally he got it. During this complete prosecution phase he faced many hurdle and criticism from the industry leaders and from customers as well. He ignored all those criticism and faced the hurdle effectively and got justice for the wellness of the Cadence Design System, which again created the very good reputation of it in the market. Joe …show more content…
Customers were satisfied with the Avant products. Customers were also blaming the Costello that he is wasting everyone’s times. One of Cadence customer saying that- “If Joe is right, this would make an example of someone who went over and didn’t come back” and that proved right at the end of this case. Before the final decision normal customer were criticizing the Costello for wasting the time and taking the Avant fight …show more content…
The Guidelines implement this death penalty by setting a fine “sufficient to divest the organization of all its net assets” (Noonan, 2012). So in united state there is provision if any company is doing criminal activity then its penalty can be the death penalty. From all the investigation by the CBI and police it is clear that foundation of Avant was the fraud, theft, trade-theft, persuading other to do theft for shake of some money. To retain in the market and to earn money Avant did the fraud where they can. For example they persuaded the “Igusa” to steal the area-based program and later on launched it over night. So what they did was not acceptable at any cost. I think that for the rise of Avant every body was responsible including investors, IPO under writer and shareholder. So I strongly believe that, for such kind of unacceptable offence death penalty should be the appropriate punishment. Shareholders and investors should get their money by selling Avant and rest of the amount should be paid the Cadence for the loss they occurred due to