STARNES- BRENNER MACHINE TOOL COMPANY My presentation is based on a case that I read in my International marketing class that I thought I needed to share with you. Starnes Brenner machine tool is company making machine tool based in Iowa. They have been dealing with many different countries but I’m more interested today in their business in the Latino country. This doc present of a company business ethic while operating in a foreign country. The main point of the ethic problem is the high level
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Starnes-Brenner Machine Tool Company To Bribe or Not to Bribe Introduction Case Summary Ethics Legality Similar Cases Real World Lessons Learned Case Summary Starnes-Brenner Machine Tools Company Wants more international presence Latino – Fictional South American Country Frank – 10 years of success Retiring Replacing Frank Bill – Young‚ motivated‚ rising star Case Summary Cont. Conflict between Frank & Bill Frank
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AVAILABLE CASE TOOLS I. SYSTEM FLOWCHART AND ER-DIAGRAM GENERATION TOOL Name of the tool: SMARTDRAW URL: This Software can be downloaded from: http://www.smartdraw.com. This is a paid software‚ but a 30-day free trial for learning can be downloaded. Requirements to use the tool: PC running Windows 95‚ 98 or NT. The latest versions of Internet Explorer or Netscape Navigator‚ and about 20MB of free space. What the tool does: Smartdraw is a perfect suite for drawing all kinds of diagrams and
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CASE 23 Starnes-Brenner Machine Tool Company: To Bribe or Not to Bribe? The Starnes-Brenner Machine Tool Company of Iowa City‚ Iowa‚ has a small one-man sales office headed by Frank Rothe in Latino‚ a major Latin American country. Frank has been in Latino for about 10 years and is retiring this year; his replacement is Bill Hunsaker‚ one of Starnes-Brenner’s top salespeople. Both will be in Latino for about eight months‚ during which time Frank will show Bill the ropes‚ introduce him to their principal
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Entrepreneurial Finance Eric Wehrly Hampton Machine Tool Company The questions for the Hampton Machine Tool Company are given below. Please prepare for submission questions 1 and 2 only. That is‚ please submit your balance sheet for December 31‚ 1979 and income statement for the four month period‚ September through December 1979‚ requested in question 2 below (your income statement should not be monthly; it should cover the entire four months). Please also prepare‚ but do not submit‚ the
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Starnes-Brenner Machine Tool Company–To Bribe or Not to Bribe Several questions should be emphasized in the case; the question of ethics‚ the question of self-reference criterion and a more important question of what role should the marketer play; how much should they try to change the system and how much should they try to become a part of the system. A strong point should be made that in a country where bribery is part of the way of doing business‚ there is an identifiable system of how much
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3. Methodology The methodology will include the methods used in my case study. My intentions are to describe the methods of collecting data which was an interview; it is a very used method to collect primary data‚ as well it provides instant and accurate feedback. This is one of the ways to get clarifications and explanations from interviewees. The interviews were with 5 different local translation offices that were selected randomly and are located in Abudhabi. It was done face to face and
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Value of machine in human life Abdullah-Al-Noman‚ Nilay kumar Dey Sec:E‚PROG.:BSME‚ID:13207002 IUBAT—International University of Business Agriculture and Technology 13207002@iubat.edu Abstract: Machine is substitute of human. Cause machine make easy all the work of human. Human life is nothing without machine‚ every day human use many types of machine for their daily routine work. Machine increase productivity of all industry and non-industry work. Every machine made for one work only and
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The best overlock machines in 2015. Why do we need a serger sewing machine? In this review‚ I’ll tell you about best serger sewing machines that you can find on the market in 2015. But first of all‚ I’d like to speak about functionality and intended use of these products. A serger or overlock sewing machine has many of useful functions. Seams‚ edges‚ and hems need a professional treatment. For doing this fast and professionally you should use overlock machines. They trim‚ sew‚ cut and finish at
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CASE STUDY Question 1. This project seems reasonable to Clover Machines because the growth of eastern economies including Russia may increase the demand for machinery.A high demand may boost up the sales by Clover Machines and achieve higher sales growth. It’s also expected that the growth rate for farm equipment in Europe may at least to double the rate of productivity‚ which is pegged at 4% Besides that‚ the penetration of market by others competitors is low and hence it may decrease the
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