The organization could experience lawsuits if any of the contracted workers have any problems and could leave the organization liable for damages When the local customs and laws conflict with the customs and laws of an organization operating abroad which should prevail? Explain why. Local customs should always prevail. When there is conflict with local customs and laws a business could suffer from a poor reputation defined as insensitive to the foreign company that the business is being conducted in. When companies operate overseas there needs to be some kind of work through that will cover both the foreign sensibilities as well as the rules
Mr. B. was vulnerable when he was left unattended. Finally, the LPN on duty displayed a dangerous knowledge deficit by ignoring the de-saturation alarm on the oximeter. Improvement Plan Using Change Theory Change theory helps to effectively organize ideas that bring about long-term change. Implementing change theory first requires an identified driving force. In the scenario, Emergency department staff members were likely shaken by this poor outcome of Mr. B., and would be motivated to change to a safer model just to avoid a repeat in the future.
Robbin Industries is jeopardizing itself by not properly reporting the advertising costs. As an operating company, they must understand the generally accepted accounting principles and adhere to them (Weygandt, Kieso, & Kimmel, 2010). (c) What would you do if you were Wayne Terrago? Wayne Terrago should try to report the financial condition and results of operations fairly and in accordance with the generally accepted accounting principles. As controller, Wayne should inform management and understand what is acceptable according to the GAAP.
Bowie feels “not” because these companies are also expected to produce cars that fall into a certain price range and sometimes that means less safety improvements. Although Bowie addresses a wide spread of examples concerning the business and their responsibility to the environment, he clearly summarizes that if business only follow the regulations enforced by the government, there is still more action that need to be taken. Bowie states, “Most business’s unethical conduct regarding environment occurs in the political arena” (520). Avoiding these political arenas, as guidelines for regulations, is in the best
o A tendency to avoid reversing changes even if it was not the best choice o In reality, past expenditures are sunk costs and the organization should use a clean slate to look at new choices, but to the manager, this will come at great personal loss. • This relates to strategy because it is important to understand the effect management has on it. o If a manager will suffer personal embarrassment or a loss by adopting a new (although better) strategy, they are more likely to simply stick with the current course of action. o This can be avoided by assessing and addressing the problems of an organization prior to major investments being made o Implication on strategic choice, as they can act for the betterment or detriment of the organization. o Differences in manager’s preferences are specific to their individual personalities, experiences and situations.
It is said that the “lack of security is the biggest threat to consumer privacy from external sources. Selling consumer data without the customer knowledge or permission is the major internal threat to consumer privacy” Marchany, R., & Tront, J. (2002). The concluding evidence of implementing a Frequent Shopper Program for Kudler Fine Foods demonstrates a few concerns to consider, the legal, ethical and information security issues. First, consider whether or not the data collected will pose legal ramifications for Kudler.
If they invested money successfully then they will make money for Waitrose. But if the money is not invested successfully then they will loose money. * The local community- their interested in business activities and operations that could result in damage to the local environment such as building on houses on Greenfield sites. * Pressure groups- their main concern is the products that Waitrose are selling. * Suppliers- Waitrose
Dillard’s can’t afford any negative publicity regarding such issues. Dillard’s has to be aware of the potential devastation of laws suite involving discrimination of any type. There should be a training program set up for employees in order to educate and avoid potential litigation. Foreign trade can be a very risky business. Among all the risks involved with international trade, the political ones are more difficult to measure.
CREATING SHARED VALUE Is CSV an attempt to legitimize bad business practices? According to the article “Contesting the Value of creating shared value”, in Michael Porter point of view, “CSV compliances with the law and ethical standards, as well as mitigating any harm caused by the business”. In fact, there is a viscous circle between business and society and companies have being seen as creating profits at the expense of the community, and not creating profits that automatically benefits the community. Because of that, the government has increasingly perceived business as a problem, as a source of bad practices in society and starts to regulate, to control the tax, so political leaders are unable to pursue business in friendly public policies because the political environment almost forced them to be tuff the business despite the fact that business and society need each other. There are many things that company can do that don’t involve the trade-off, and that’s what company should focus on.
In term of politic that will affecting the 99 Speedmart is government policy. This is because the government policy gives opportunities for growth and profit an attractive manufacturing and export base in the region. Government commits to maintain the business environment that providing companies with the opportunities for growth and profit. However the changes in government policies may either affect positively or negatively. In negatively of the government policy is they can block business operations such as finance, marketing, or property and automatically it become risk for 99 Speedmart businesses.