Wilson Chemicals (Ghana) Ltd Essay example

However, there is no illegality here since this action ties in with the regulations of the company. Although we are unable to conclude on any evidence, the professional skepticism level should rise.

In order to not become like his father, Okonkwo consciously strives to be prosperous, violent, resourceful, unable to show “soft” emotion, and denies music orientation. “And no Okonkwo was ruled by one passion—to hate everything that his

There are several different types of business ownership which are most commonly used in business’ and company’s today, these include; Co-operative which is a business owned by its employees, Partnership which is a business owned by between 2 and 20 people, Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a business with the purpose to help the public, the government is a business owned by the government and lastly a sole trader which is a business owned by only one person.

As Calletta’s CEO, Jan is facing a number of problems such as: lack of support from board members/investors, increasing employee costs, and protests against Calletta’s offshore facilities due to the growing concern of working conditions. Jan key issue on hand is the lack of support from board members and investors. Board Members and investors right now are not supporting Jan or her proposal due to a poor return on investments. Board Members are concerned about the rapid increase of employee cost the company is incurring. Calletta is incurring a 12% cost increase annually compared to an industry average rate of just 4% in the

Ethically, this is wrong on some many levels. He was dishonest, he stole from the

Production line workers are the employees who are usually doing their work by hand or in this day and age, running the machine or equipment to make the products. In this particular case, Canada Chemicals Corporation utilizes their production employees by producing industrial chemicals. These production worker’s jobs are a lot more complete then other production level workers employees as they usually have plenty of skill, knowledge and experience, and have high educational background. In order to reverse recent challenges with production and sales, I have composed a compensation package for these employees that will motivate them intrinsically, and focus on rewards that are extrinsic.

Bribery weakens competition and diminishes free trade which can affect companies, shareholders, and stakeholders. Jacob Franklin knowingly extended bribes to governments and contractors while knowing it was against company policy. Jacob engaged in bribery even though he knew it was wrong because he was advised that it was common practice at Richard Drilling. “In 1977, President Carter signed the Foreign Corrupt Practices Act (FCPA). The law made it illegal to bribe foreign officials. The maximum punishments for violators were set at $100,000 and 5 years in jail. Companies can be fined millions” (Bredeson, 2012, p.301). Not only was extending the bribe against company policy, it was against law and could cost Jacob and Richardson Drilling money and freedom.

Ethical Issues prevail in every condition no matter how official or personal it is. Some of the ethical problems that may involve in this situation are fraudulent in financial accounting, misappropriation of assets and a tremendous amount of

Yes, I think that the payments outlined on pages 12 and 13 should be considered corrupt practices because of the way they were registered in the company’s books -it was in compliance with the FCPA because of the anti-bribery provision and the books and records provision.

Firstly there is a significant Ethical and morale lapse in a share floated company when the CEO engages in related party transactions. The moral issues arise

As stated in Chapter Two on pages 13 to 14, Okonkwo ruled his household with a hand so heavy that his entire family lives in perpetual fear of his fiery temper and impatience. Okonkwo is a very rash person and, when in a fit of rage, does not think about the consequences of his actions, which inadvertently leads him to his own downfall. In committing these actions, it is not ludicrous to believe that Okonkwo will later receive consequences due to the immorality of these actions.

Victoria Chemicals, a major player in the global chemical industry that supplies polypropylene, polymer that used to manufacture carpet fibers, packaging, automobile parts to the customers in Europe and the Middle East. Apart from numerous small producers, the company also receives the threats from the other seven major competitors.

Mr. Chong knows about recent cases of corporate bribery in Malaysia and in the retail industry. There had been scandals regarding foreign investors who bribed public officials or financed government programs to obtain business privileges or competitive advantage (Inkpen, 2010). Moreover, there was a recent case of bribery involving a Jextra’s country manager in the Philippines. More likely, this manager also encountered similar ethical dilemmas like Mr. Chong. Some individual factors that may have driven him to act unethically in the Philippines could have been pressure from the company to expand and gain competitive advantage in the region. Alternatively, he might have simply wanted to advance his career as a country manager, lacked of ethics or did not know the local laws regarding bribery. Additionally, he might not have received or requested support from the top management regarding the social and ethical issues raised in the Philippines. Mr. Chong, as an experienced manager, should have anticipated that he would encounter legal and ethical risks in Malaysia.

As a result, the following came a lot of lawsuits, demanding compensation, and investigations, investigating the cause of the MIC leak, against the plant. During the investigations, both the government of India and the interior of the Union Carbide did research on that incident. We are not surprised at their different answers because the plant wanted to cover the truth that was harmful to themselves and the government as a result could not get the truth on the other hand. However, I can¡¦t deny that the plant really did something such as relief fund, training school, and so on to prove that they really wanted to compensate for that gas leak. In this case, I don¡¦t think that the CEO of Union Carbide should be arrested or be sentenced. But I do think he should be responsible for the whole case. In other words, he should resign for the whole incident.

Charles Martin, a 29-year-old American who had worked for Hydro Generation (HG) for 2 years before embarking on the Ugandan damn project. Martins’ educational experience, a degree in African Studies from the University of Wisconsin as well as a MBA from the University of Maryland coupled with his experience working through the Peace Corps made Martin uniquely qualified to work for HG in their new venture in Africa, a hydro-electric damn in Uganda. During Martins tenure in Uganda , his assignments were to, gain support from local authorities, set up offices and insure the smooth operation of the office, overseeing operations including hiring, keeping inventory and keeping accounting records as well as logistical