Introduction Anglo American Plc is a mining conglomerate and is one of the largest companies within the mining industry. It originally started in 1917 as a gold mining company going by the name of Anglo American Corp; the name was created when the initial starting capital of £1million was raised from U.K. and U.S. sources (Forbes 2006). In 1999‚ following a major strategic review‚ Anglo American merged with Luxembourg headquartered Minorco to form Anglo American Plc‚ with its primary stock exchange
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The vision Anglo American is minimizing the harm to environment by operating in an environmentally responsible manner. As a result‚ not only the whole population of the world gets huge benefits but the company itself is increasing its overall operational management and competitive advantage. Anglo American use technology and work with partners to implement best practice management practices. In addition‚ the company rehabilitates lands that are affected by mining. Moreover‚ Anglo American admits that
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2. What are the pros and cons of Anglo American adoption of an aggressive strategy in combating HIV/AIDS among its South African workforce? What recommendations would you give the company concerning its HIV/AIDS policy? Answer: Anglo American had huge investment in South Africa and was heavily hit by the HIV/AIDS epidemic. It was the first private company to develop a proactive strategy to combat the ravages of the disease on its workforce and thus effecting their operations. Pros of adoption
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CASE STUDY ON ANGLO AMERICAN PLC IN SOUTH AFRICA Submitted by Kamlesh Bind PGDM –IB ( 08) 1. What are the pros and cons of Anglo American’s adoptions of a strategy in combating HIV/AIDS among its South African workforce ? What recommendation would you give the company concerning its HIV / AIDS policy ? Ans :- Anglo American had a huge investment in South Africa and was hard hit by the HIV / AIDS epidemic . It was one of the first corporation to develop a
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central economic problem is how to match finite resources with unlimited wants. With the demand for resources rising as the world economy grows this is becoming more of a challenge. Leading global companies like Anglo American strive to find new solutions to this problem every day. Anglo American is one of the world’s largest mining companies. Its portfolio of mining businesses spans precious metals and minerals – in which it is a global leader in platinum and diamonds‚ base metals (copper and nickel)
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Abstract Anglo-American and Primark are among the world’s leading companies. In this paper‚ I will analyze their application of ethics and then utilize “A Model of Business Ethics” to help describe the two companies ethical practices. The paper will provide a discussion of the costs and benefits of an organization as well as define ethical business. Introduction Anglo-American and Primark are two multinational organizations with different Code of Conduct ethics. However‚ the rapid economic
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Q1: Trace the history of Anglo American from 1917 to date in South Africa and other Businesses? Anglo American plc is a global mining company headquartered in London‚ United Kingdom. It is a major producer of diamonds‚ copper‚ nickel‚ iron ore and metallurgical and thermal coal and the world’s largest producer of platinum‚ with around 40% of world output. The following is the timeline of Anglo American: 1917 Company founded by Sir Ernest Oppenheimer along with American J.P Morgan. Initial investment
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The Anglo-American Empire A special relationship with oilThe Ottoman (Persian) Empire collapsed with WW1(1918) when the British defeated the Turks. At the instigation of First Lord of the Admiralty Winston Churchill‚ the British government became a majority (and at-first secret) shareholder of Anglo-Persian during World War I. Britain soon became a dominant power in Persian and later Iranian politics. British and American political operations in that nation shaped the developments that led to the
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Anglo American Business ethics and corporate social responsibility 1. How has Anglo American’s reputation enhanced by engaging with local communities in decision-making? Why is it important for this engagement to be an ongoing process? Anglo American mining company is one of the leading companies on the mining industry and has gained reputation because they include the local community at the moment of decision-making. Mining industries are often being observed as they are recognized because
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4708 Intl Expansion Anglo American PLC in South Africa: What Do You Do When Costs Reach Epidemic Proportions? 1. The pros would be: a) The early adoption strategy of ART can help the company to prevent and combat the spread of the disease not only on its workforce but also the populations of surrounding communities. This early initiative can also help to prevent further loss in operating expenses and declining workers’ productivity in the company. b) Anglo American became a de facto leader
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