Required: (a) Identify which stakeholders were impacted by Blatter's leadership at FIFA of the above case. (b) Discuss the failures identified in corporate governance in the above case. (c) Report any evidence of good corporate. Governance in the above case.
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- Writing a Claim Letter When President Carlos Menem of Argentina took office in 1989, he and his economy minister Domingo Covallo decided that competition from foreign producers would stimulate Argentine businesses to provide better products at competitive prices. To the delight of Argentine shoppers, the import tariffs were lowered and goods began pouring in from all over the world: calculators and copy machines, scissors and automobiles, bicycles, toothpicks – and peaches. When Menem’s new policies took effect, California peach growers responded eagerly to the opening of the new market. Individual growers banded into the California Peach Growers Association to ship their fruit to Edcadassa, the Argentine firm that oversees all imported goods while they await customs clearance at Ezeiza international airport. As supervisor of the Argentine project for the growers association, you were extremely pleased with success of the first few shipments; everything had gone smoothly. Then word…If the government of Canada were to sanction a U.S. oil company because it repeatedly polluted the environment during its operations, this would be an example of: Punitive changes in the regulatory regime. Expropriation of firm assets. Political instability. None of the aboveTitle of the Case –Volkswagen-The Emissions Scandal Volkswagen – The people’s car Volkswagen is a car manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany.To date, it is the second-biggest automaker in the world, boasting sales in over 150 countries, with 119 production plants in 31 countries all over the world. In 2014, Volkswagen made profits of over11 billion and produced 10.2 million vehicles worldwide. Notable brands under the VolkswagenGroup include Bentley, Bugatti, Lamborghini, Audi, Porsche and Škoda. Home of Volkswagen: The German state of Lower Saxony Lower Saxony, the German state where Volkswagen’s Wolfsburg headquarters was located, was a significant shareholder of Volkswagen. The state held the second largest stake in Volkswagen interms of voting power (20.2%).Despite not being a majority shareholder, Lower Saxony was granted various privileges, including theability to veto decisions such as shutting down or relocating assembly plants as well as…
- should IBM allows its foreign divisions to pay bribes if all other companies are doing so?Cadbury Chocolate had always been considered an affordable little luxury, associated with romance and celebrations. Therefore in 2000 and 2001, revelations that the production of cocoa in the Côte d’Ivoire involved child slave labor set chocolate companies, consumers, and governments reeling. In the United States, the House of Representatives passed legislation mandating that the FDA create standards to permit companies who could prove that their chocolate was produced without forced labor to label their chocolate “slave-labor free.” To forestall such labeling, the chocolate industry agreed to an international protocol that would give chocolate producers, governments, and local farmers four years to curb abusive practices and put together a process of certification. The stories of child slave labor on Côte d’Ivoire cocoa farms hit Cadbury especially hard. While the company sourced most of its beans from Ghana, the association of chocolate with slavery represented a challenge for the…Topic: Incomediary model Qatar Vodafone company Describe the Qatari company (its business, website, any related information
- Are the large drug companies guilty of price gouging or of charging an unfair or exploitative price for their products? Should Americans be permitted to import drugs from Canada or other countries? Assess the motivations of drug companies that do their testing overseas. Do you think test subjects are being exploited or taken advantage of? Under what circumstances, if any, are companies morally justified in testing overseas?NTRODUCTIONIn August 2013, New Zealand dairy giant Fonterra sparked a global food-safety scare when itadmitted there could be bacteria in one of its milk whey products that could cause botulism,a severe and often lethal form of food poisoning. The impact of the scare was unprecedented,causing the New Zealand dollar to drop sharply, and prompting a wave of panic that saw Chinaand several other major markets block all dairy products from New Zealand. As Fonterra wasthen Danone Nutricia’s main supplier of whey powder, several Danone Nutricia’s Karicareinfant formula products were falsely implicated in the scare, prompting the company toinitiate a series of product recalls across international markets. The botulism scare turned outto be a false alarm, but the reputational and financial damage inflicted on Danone Nutriciawas immediate and severe.Weber Shandwick was tasked with guiding the communication programme, which requiredeffective information gathering, continual situation analysis…Petrobras If you were to do a top-ten list of the world’s greatest corruption scandals, the problems of Petrobras (Petróleo Brasileiro) in Brazil surely would make the list. The majority state-owned petroleum conglomerate was a party to a multibillion-dollar scandal in which company executives received bribes and kickbacks from contractors in exchange for lucrative construction and drilling contracts. The contractors paid Petrobras executives upward of five percent of the contract amount, which was funneled back into slush funds. The slush funds, in turn, paid for the election campaigns of certain members of the ruling political party, Partido dos Trabalhadores, or Workers Party, as well as for luxury items like race cars, jewelry, Rolex watches, yachts, wine, and art.5 The original investigation, known as Operation Car Wash (Lava Jato), began in 2014 at a gas station and car wash in Brasília, where money was being laundered. It has since expanded to include scrutiny of senators,…
- 1. Identify and describe the type of international business of Sushiro. 2. Identify and explain ONE key factor prompted Sushiro to operate outside Japan. 3. Explain ONE key social or cultural factor affected the company’s international business activities. 4. Analyse and explain ONE key risk the company faced when it operates overseas. 5. With reference to the risk you mentioned in Q.4, what is your suggested action(s) for Sushiro? Explain.In 2003, Coca-Cola attempted to enter the Indian market once again. Georgia-based Coca-Cola was attracted to India’s market because India’s per capita consumption of carbonated beverages is less than half of Pakistan and about five percent of China’s. India has the fastest-growing demand for consumer products in the world. Coke’s first attempt a decade earlier had resulted in gross mismanagement, which led to the company losing $20 billion Indian rubles. In Coke’s first attempt to enter the Indian market, it purchased Thumbs Up, the leading India-based carbonated soft drink, and hoped to replace Thumbs Up with Coca-Cola while maintaining the Thumbs Up distribution strategy. The greatest indignity is that India is one of the few markets where Pepsi has outsmarted Coke. For its return to the market, Coca-Cola built five plants, cut costly staff, revamped transport, shrunk bottles, and made them lighter to increase a truck’s carrying capacity. It also increased its number of distributors…Indicate whether the statement is true or false, and justify your answer.Every Bismarck country has over a hundred sickness funds for patients to choose from, which distinguishes them from Beveridge countries.