The analysis of Mebel, Doran and company
Nuttanai Anuntarumporn
Introduction
Mebel, Doran & Company is a Philadelphia base company, which start up as merchants, importers and shippers, then develop to financial operation business. Moreover, company offer service in stock and bond market such as trading service and M&A. Company see growing importance of M&A as a source of revenue to securities firm like itself. Knox Corporation is a diversified manufacturing firm base in Philadelphia. This company was one of the oldest Mebel, Doran & Company clients. Company wants to acquire Dover, Delaware-based Power-Tie corporation and decide to use Mebel, Doran & Company service. Mebel, Doran & Company will help to
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This clearly shown that arbitrageur is doing illegally and unethically on this issue.
As the result of this issue, Mebel, Doran & Company gains nothing but lose their reputation. Not only current client like Know corporation is losing confident on company, but other firms that using their service on M&A deal are also losing trust as well. However, Company should take action on people involve in this issue.
Recommendation
Since the evidences are clearly shown, Mebel, Doran & Company has many options to solve this problem. Firstly, Company should fire the person or people involved in this issue to show client company and public that company is not collaborated with them. Secondly, Company might have to pay some compensation for partial loss on Knox corporation deal in order to maintain relationship and close this acquisition deal. Thirdly, Company can notify the U.S. Securities and Exchange Commission or SEC to investigate this matter. Each option has its own advantages and disadvantages.
Fire person or people who involved This is the method to solve the problem at the end result. This will help company get rid of employees who have an unethical attitude. Keeping these people will have negative influence for company in the future as occurring now. In addition, company might lose the most talented person in company as a disadvantage.
Pay for the loss to Client
To organize and prioritize the current and future projects in the pipeline in a way that fits into the PMB budget of $5B, and ensures projects that increase sales, growth, and stockholder value are of top priority, whereas projects that are not beneficial are either put on hold or discarded.
Unethical practices of business managements are also tough for the employees who get confused whether to do what is right or just avoid complications and go with the flow. Solomon states that
A. Techfite’s company culture is one of Clan Culture. One example of why Techfite aligns itself well with clan culture is their flexibility. Another example of why Techfite fits clan culture well is their willingness to empower their employees. The outcome of a company that treats their employees like family and takes the time to empower them they tend to have very low employee turnover. Also when a company has long term well-trained employees they can produce high end well thought out products that can beat products in the marketplace brought forth by companies that only care about the bottom line.
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The Company leases space on its communications towers to tenants providing a diverse range of communications services, including personal communications services,
Then the team needs to investigate the issue clearly as fast as possible because time is as
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Harnischfeger’s corporate recovery plan was a four pronged approach that involved (1) changes in top management, (2) cost reductions to lower the break-even point, (3) reorientation of the company’s business and (4) debt restructuring and recapitalization. These changes at first glance appear to have allowed Harnischfeger to improve its financial performance from a net loss of $3.49 per share in 1983 to a net gain of $1.28 per share in 1984. In addition, Harnischfeger has appeared to have achieved a majority of its desired outcomes from each of its four changes as shown below.
The lines can become blurred between ethical and unethical behavior when implementing motivational strategies in the workplace. The development of trust between employee and employer can be motivational to an individual, but as a group may be difficult. With different personalities and behaviors in a collective workplace, a consistent approach to ethical motivation is of the most benefit. There are many motivational techniques in every workplace, used to increase production for the success of the company, and the meaning, minute details, and implementation surrounding them decide the ethical or unethical nature of the act.
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Another effect that unethical behavior brings to the company according to the same article the authors Pettijohn, Keith & Burnett say that “stakeholder confidence falls, competent employees may be more difficult to attract, and investors become more skeptical”( Pettijohn, Keith & Burnett, 20110. Literally the chances that companies have to be bigger and succeed just reduce with those types of behavior. Even to other possible partner, investor it
ethical approach can be taken in the best interests of the company. Again, to maintain a strong
and the sale of noncore assets were common. Moreover, in anticipation of sluggish sales in the
Donner Company Donner Company is a contract manufacturing company. It is into the business of production of printed circuit boards. The company basically has two kinds of orders: 1. Standard PCB’s: These orders have same kind of large number of PCB’s. 2.
The company provides a variety of services to its customer’s right from managing their portfolio to giving investment advices to commodity trading and insurance as well as equity trading.