Adolfo Hinojosa Strategic Management September 9‚ 2014 Ikea and Russia: Corruption and Sound Business Attempting to do business in Russia can formidable for any company and this includes Ikea. The Russian political atmosphere is rife with bribery and the blatant use of corruption in government dealings has become an accepted way of doing business. The Ikea example shows how government regulation can halt a business dead in its tracks. The mall Ikea has invested in has been ready for over a
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References: Brannen‚ L. (2008). Steering Clear of Foreign Corruption. Business Finance‚ 14(1)‚ 7. Retrieved from EBSCOhost. Cohen‚ S.‚ & Roussel‚ J. (2005). Strategic Supply Chain Management: The 5 disciplines for top performance. New York. McGraw-Hill.
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Part A There are two important questions that I would ask myself before deciding whether or not to blow the whistle. If I do blow the whistle‚ will I be able to live with the consequences of revealing the food safety problems that are present at Delectables Corp.‚ knowing that it may hurt the company and the people that work there? On the other hand‚ if I don’t blow the whistle‚ will I be able to live knowing about the food safety concerns and not doing anything about them to save the face of
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Ian Collins Survey of Global Business Professor Portillo BSAD 113W 18 February 2013 Assignment #3: Siemens Bribery Scandal Before 1999 the use of bribery in Germany was not illegal and could be deducted as a business expense in a company’s taxes. This allowed companies like Siemens to gain the upper hand and have an unfair advantage over their competition in acquiring business deals around the world. Then when the law changed‚ Siemens still utilized bribery‚ and employed bribery tactics in other
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Douglas Conant‚ the CEO of Campbell Soup Co. discussed the importance of employee engagement and how Campbell’s strategy to pay attention to this metric paid off for their company. Conant took over in 2001 when Campbell’s was close to a takeover and its soup sales had drastically declined amid fierce competition. Furthermore‚ some of its best employees had left the company rather than wait out the hard times. Conant recognized that of all the elements related to corporate culture‚ employee engagement
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References: Chidrawar‚ A.‚ Hatch‚ A. & Kramer. C. (2009‚ February 28). 5 Success Factors in Mastering the Retail Balancing Act. Retrieved June 22‚ 2011 from Act/4%249436+Key+Success+factors+for+Retail+Industry&hl=en&ct=clnk&cd =2&gl=in Costco‚ 2011. Regional and Home offices‚ Retrieved on June 22‚ 2011 from http://shop.costco.com/About/CostcoEmployment Costco Uses Virtualization to Save Space
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(Halliburton‚ 2006). The company is continually under media scrutiny for suspected corrupt activities. Therefore‚ Halliburton is forced to recognize the influence of legal‚ ethical‚ and social responsibilities during their annual strategic planning sessions. In 2009‚ Kellogg‚ Brown‚ and Root‚ LLC (KBR)‚ a subsidiary of Halliburton‚ plead guilty to bribery charges for violating the Foreign Corrupt Practices Act. Halliburton was charged with “promising and paying tens of millions of dollars in
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useful money‚ but in a way they were still making profit‚ and bribes were used as a cost of doing business and keeping the business alive. 2) What I think would have happened to a manager at Siemens if he or she had taken a stand against corrupt practices is that the manager would most likely be fired by the executives of the company because the company is doing what is practical and worthy to them‚ which entails that the manager is going against their beliefs on how to run a business and make
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trouble in our country is uncontrollable corruption and greed at the highest level. But still we love our country Philippines .. CORRUPTION SCANDALS IN THE PHILIPPINES Nowadays foreigners and citizens alike say that the Philippines has the most corrupt leadership and economy. Corruption in the Philippines has become "a humanitarian crisis" and scandals increasingly seem to dominate the news. The worsening corruption has eaten up the right of every citizen to good governance‚ freedom‚ decent life
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Inventory Control System YBR Texas 713-555-1234 PM598 – September 2012 TABLE OF CONTENTS 1. INSTRUCTIONS TO BIDDERS 3 1.1. General Description of Work 3 1.2. What Must Be Included with Bid 3 1.3. Schedule of Bid Period Activities 4 1.4. Location of Work 4 1.5. Sealed Bid Requirements 4 1.6. Ethical Standards 4 2. DESCRIPTION OF WORK 6 Note: Click somewhere within your table of contents‚ press F9‚ select the “update entire table” radio button‚ and click
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