Carrefour Failure

The use of PEST analysis can be seen effective for business such as their strategic planning, marketing, and product development. Furthermore, PEST ensures that company`s performance is aligned positively with the powerful forces of change that are affecting business environment (Porter, 1985). PEST have four factors which are Political, Economic, Social, and Technological. However, we use these factors to check how they interplay to the business or the activity of an organization.Using PEST analysis is important when a company decided to enter its business operation into new markets and new countries. In this case, using PEST will help to adapt effectively to the realities of the new environment and to make contingency plans for threats by preparing business and strategic plans (Byars, 1991; Cooper, 2000).

Speaking about corruption in the international realm was a taboo before the end of the cold war. But the end of the cold war has led to the consolidation of democracy, political stability, and respect for the rule of law, as well as effective development and expansion of open and competitive markets. In the recent years, especially from late 1980’s, the phenomenon of corruption has received a great deal of attention from the international community.

This article involves all the countries in the world including Canada, in which these countries are ranked based off Transparency International’s Corruption Perceptions. It states how and why countries are corrupt. It shows the readers how the scale is created, so they take factors like if the government is held responsible or go unpunished for corruption, or whether institutions respond to citizen’s needs. The index is only based on expert opinions in order to produce accurate results.

First, it is important to define what corruption is. The term, “corruption” covers a broad range of human actions,

Over the past decade (from 2004 to 2014), political corruption in Russia government is gradually uncovered by some global medias and organizations. Such tendency not only repainted the entire landscape of Russia government, but also raised public awareness on the significance of preventing a greater deterioration of this political phenomenon worldwide. This report aims to prove such political phenomenon is unethical through the comparison with code of conduct, and to provide tangible measures and solutions. The result suggests that high-level of corruption in the Russian government is one of the factors of inflation. It is also found that corruption will lead to social issues. Most importantly, such political behavior is unethical regarding the code of conduct. In order to achieve a revolutionary change in the Russia government, therefore, a redefinition of legislation and a recreation of domestic press are indispensible.

The forefront case analysis includes external analysis and internal analysis. It is crucial to understand macro-environment, industry environment, and the capability of the company itself before making decisions. In this case, the PESTEL analysis is utilized for macro-environment analysis, the five-force’s is utilized for industry analysis, VRINE, and financial analysis are utilized for internal analysis.

The corruptin is the abusive and inefficient use of resources by trusted powers for private gain. Corruption is not committed to the rule of law, justice, human rights and the integrity of public service, and it hurts every one who's life, livelihood, or happiness depends on the integrity of people in a position of authority.Some times it's devastating impact is more visible . The governance ,transparency ,and fighting corruption is so important to sustaine economic growth.

Its been estimated that the markets corruption has almost exceeded 260 million in 2006. Russian police institutions are far more centralized than the U.S. police, which could mean that Russians' views of the police are closely associated with their views of other federal government institutions rather than their personal experiences Corruption (Feifer, 2003). Russia corruption started around the 18th century when the government official would perform Kormlenie corruption, which means authority receiving fees, goods, and services from interested areas (Marenin, 1997). Since 1715 accepting a bribe in Russia was considered a crime. Official started to abuse this power and started to receive fixed salaries. At that time Peter the Great had increased so many fixed salaries that irregularity and bribes where out of control especially for official. Even official of lower rank were able to get these fix’s salaries. By 1922 bribery was considered a counter- revolutionary activity was a criminal code punishable by death.

On the other hand, due to the risky economic, political, and financial position of the country, the prize may never be realized.  An investment in Russian oil is very expensive.  Many costs have to be paid upfront before any revenues have even been generated.  For example, drilling, pipelines, corporate overhead, and facilities are a few examples of costs which the firm needs to pay before generating any revenue.

Russian organizations typically are described as organizations that require transactional leaders with a top-down orientation (McCarthy, Puffer, May, Ledgerwood, & Stewart, 2008). This type of organization can hamper Russian firms as they transition to a market economy. Most of obstacles to FDI in Russia are institutional and there is much needed advancement in stability, flexibility, and transparency (Yi Sun & Walton, 2009). However, a firm can put in place leadership with specific goals towards changing organizational culture and training Russian

Political corruption has gripped Ukraine ever since the nation’s independence in 1991, and it still plagues the nation to this day. From 2010- 2014, former 4th

Corruption during the 1990’s increased and expanded with the developments of the Russian Mafia. “Many Russians believed that the unbridled pursuit of individual interests during the 1990s gave rise to

Political corruption has existed throughout the ages. It believed to be most prominent in positions of power, because of the role money plays in getting people power. However, over the centuries, corruption has changed so much so as to not match a particular definition of corruption, perpetually growing deceptively harder to find (Ebbe).

PESTEL analysis is to identify and analyze the strategy and business environment, it is stand for Political, Economic, Social, Technological, Legal, and Environmental factors. This model is to assessing the current environment and potential changes. If

Corruption is a complex political, social, and economic anomaly that negatively affects developing and developed countries. It weakens democratic institutions, holds economic development, widening the rich-poor gap and certainly leads to governmental instability. The World Bank definition of corruption states that “…the abuse of public office for private gain”.