2. Discuss the ethical conduct of AIG executives and how a stronger ethics program might help the company to strengthen the ethics of its corporate culture. 3. What could AIG have done differently to prevent its failure and subsequent bailout?1. Discuss the role that AIG’s corporate culture played in its downfall.
It will also help with the competitors because if Tesco are good at survival then they will be able to beat them and do well. This will also help the business in the future, so if there's any problems they can face them and be able to know they will do well. Profit- Tesco need this so that there will be no problems in the future regarding the payments to staff or utilities or any other things that Tesco pay off. It will also helps them so that they don't go bankrupt because if they keep hitting the profit point then they will be making more and more profit and then this will mean they can open more branches or provide the staff the best information they can. The structure is helping Tesco because they are still standing and the business is running well also they will be able to make enough money to help in the future.
If they get more customers, then sales will increase and their overall profit may increase because of this. The co-op may also benefit from being ethical, as it makes the business different from their rivals and competition. It gives the business a unique selling point, and the co-op can use this to their advantage. They have an opportunity to increase their prices as the customers may be willing to pay more for products if the business has good morals. Co-op, however, can experience disadvantages from being ethical.
With hiring the correct staff for the business, this is beneficial as the business will have more productive workers, which can lead to a better business. Cheshire Balloons needs to include in their budget is the premises, a business needs to rent a suitable premises to fit the style of the business,
Armco. Inc Case Analysis Objective of the company: Although not explicitly stated, it can be inferred from the case that the main objective of the company was likely to maximize profit for their shareholders. Strategy: The Kansas City Works is not a low-cost manufacturer and therefore focuses on product differentiation. They continuously attempted to develop new higher-value products. The quality of their products is important to them and their consumers.
From the aspect of target management, golden parachutes benefit them by providing them with compensation in the event of a change in power. It also allows management to take a greater level of risk without the fear of them losing their jobs. In Incentives and Innovation: Evidence from CEO Compensation Contracts, the authors mention that because of golden parachutes, managers are willing to take more risk and negotiate the best terms possible during a corporate takeover. b) In, What Matters in Corporate Governance, the author’s state “golden parachutes may also produce benefits for shareholders by making incumbents more willing to accept an acquisition and increasing the likelihood of an acquisition.” So in the event of a takeover the shareholders best interest are kept in mind. Also by providing golden parachutes companies attract the best executives around.
In the long run the changes should help the company become more profitable, but it will be an uphill battle to convince the investors that more funds are necessary as they have previously withdrawn funds for change. As long as the slip rates are not changed the government will not object to changes. The Fourwinds Marina has many strengths. The resort atmosphere
Tesco Stability - Stable economic conditions for Tesco means that they can make better informed decisions because there is more stability within the economy. If the economy in the UK is stable, Tesco’s are likely to have a higher turnover and be profitable therefore at a time like this Tesco may wish to introduce new lines, perhaps expand or find a city or town where they may wish to introduce new stores. Tesco suppliers will also benefit from this as they are supplying Tesco with more products and it will give them an idea if they need to increase their rates of production. If the economy is more stable then there will be steady growth in GDP, steady levels of employment and exchange rates. This means that Tesco will be more profitable as customers have more money to spend, they will need to employ for staff and it is better for the economy as Tesco can exports mass amount of home grown products cheaply.
UNIT 3 P1 ALDI Business Objective Aldi believes that customers want something of good quality from their money instead of misleading quality. Aldi’s business objectives are to provide their customers with high quality products which are the same but cheaper than other brands products also they make sure that these products are kept at a reasonable price so that they do not lose customers. Aldi can achieve their objective if their prices are kept at a minimum instead of being average or high. Aldi control their prices by buying a lot of quantities from a small range. By cutting costs and being effective they can gain profits back and meet their business objectives.
The company is threatened with more competitors entering the market and the significant decrease of trees and forests. The company can evaluate their strategies on whether if it will counter the company’s weakness and threats or if it would just be useless against these. In planning the business, the elasticity of the price must be taken into account (like if the company should decrease the price to gain more profit). Environmental issues must also be considered in manufacturing environmentally-friendly products. In going global, they must be familiar with the laws & political stability of a country.