Using the extract as an example, critically discuss how applying the framework for the governance of ethics might have prevented Bain & Co from the unethical situation. Introduction Reference to the case study The framework for the governance of ethics How applying the framework for the governance of ethics might have prevented the unethical practice Conclusion
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- As customers are often reluctant to eat in hotel restaurants because they assume that they are too expensive, Accor (Sofitel, Novotel, Mercure, Pullman, Ibis, Ibis styles and others) is looking at buying over the Secret Recipe chain (restaurants in Malaysia, Singapore, Indonesia, Thailand, China, Brunei, Cambodia and Myanmar) to place a Secret Recipe in each of its Ibis and Ibis Styles properties (4 in Malaysia, 2 in Singapore, 12 in Thailand and 83 in China) as well as maintain the current restaurants. Accor hotels are typically under management contracts with local owners. a. Analyse whether this strategy would be considered a related diversification strategy or an unrelated diversification strategy. b. Analyse the synergies between the two companies in terms of strategic fit. ANSWER FASTERAs customers are often reluctant to eat in hotel restaurants because they assume that they are too expensive, Accor (Sofitel, Novotel, Mercure, Pullman, Ibis, Ibis styles and others) is looking at buying over the Secret Recipe chain (restaurants in Malaysia, Singapore, Indonesia, Thailand, China, Brunei, Cambodia and Myanmar) to place a Secret Recipe in each of its Ibis and Ibis Styles properties (4 in Malaysia, 2 in Singapore, 12 in Thailand and 83 in China) as well as maintain the current restaurants. Accor hotels are typically under management contracts with local owners. 1. Analyse the synergies between the two companies in terms of strategic fit. ANSWER FASTERAs customers are often reluctant to eat in hotel restaurants because they assume that they are too expensive, Accor (Sofitel, Novotel, Mercure, Pullman, Ibis, Ibis styles and others) is looking at buying over the Secret Recipe chain (restaurants in Malaysia, Singapore, Indonesia, Thailand, China, Brunei, Cambodia and Myanmar) to place a Secret Recipe in each of its Ibis and Ibis Styles properties (4 in Malaysia, 2 in Singapore, 12 in Thailand and 83 in China) as well as maintain the current restaurants. Accor hotels are typically under management contracts with local owners. Analyse whether this strategy would be considered a related diversification strategy or an unrelated diversification strategy. ANSWER FASTER
- Explain how the basic concept of marketable permits or ‘cap-and-trade” can be applied to regulate fisheries and air pollution emissions. What is the meaning of a ‘cap’ in the context of regulating a fishery and an air pollutant? How would potential future changes in the cap influence the price of permits and the viability of the permit market? How would a regulator’s objective in setting a cap be different for a fishery compared to an air pollutant? What determines whether permits will be traded in the fishery or for the air pollutant and does it matter if there are restrictions on the type and number of trades that can occur?Naboni Enterprises was established in 1991 by Mr. Nicholas Menyani following the liberalization of the Zambian economy by the government. Prior to 1991, there was little or no scope for the private sector to own and run business in the mining, agricultural and commercial sectors of the economy. All this changed in 1991 when the government decided to liberalize the economy. State owned companies were privatized and the window was opened for the private sector to invest in major sectors of the economy. In the case of the mining sector, the government further offered tax incentives to attract investment. Nicholas Menyani had worked as a technician for a mining company in Kitwe for twenty-five years before his retirement in 1985. When he retired, he did odd jobs in and around Kitwe. However, the income from doing the odd jobs was typically insufficient for him to meet his daily needs and Menyani longed for an opening that would bring him a steady income. The opportunity came when,…South Korea's Lotte Chilsung Beverage has offered to buy nearly 58% stake of Pepsi-Cola Products Philippines. Lotte Chilsung currently holds an approximately 42% stake in Pepsi-Cola Products Philippines. On the other hand, U.S. beverage giant PepsiCo Inc. (PEP) owns at least 25% stake of Pepsi-Cola Products Philippines. Lotte Chilsung now wants to pay PHP1.95 per share to acquire up to about 2.13 billion shares which is equivalent to a 39% premium based on the closing of Philippine Stock Exchange last Thursday with a closing price of PHP1.40. (a)If you will be hired by Lotte Chilsung Beverage as its consultant in the said in the said intended purchase, what advice will you give? (b)What are the necessary legal steps that you need to undertake to make the acquisition valid? - (c) How about if you will be hired as consultant to represent the minority shareholders of Pepsi-Cola Products Philippines, what advice will you give to those shareholders who are opposed to the…
- Asma is a junior management accountant at Flower Cloth Ltd. Asma is given the task of compiling a cost-benefit analysis report on whether the company should purchase an expensive new machine from Radi Ltd, where her brother is the new sales manager. Asma did not tell anyone in Flower Cloth about her brother’s new job. In preparing her report, Asma overstates the qualitative benefits and understates the costs associated with this new machine to help her brother make his first sales as the new sales manage state why and how Asma has deviated from the standards of ethical conduct.Asma is a junior management accountant at Flower Cloth Ltd. Asma is given the task of compiling a cost-benefit analysis report on whether the company should purchase an expensive new machine from Radi Ltd, where her brother is the new sales manager. Asma did not tell anyone in Flower Cloth about her brother’s new job. In preparing her report, Asma overstates the qualitative benefits and understates the costs associated with this new machine to help her brother make his first sales as the new sales manager. Required: Discuss why and how Asma has deviated from the standards of ethical conduct.Amy plans to start at least two different business activities after she graduates from college: − One business involves using various forms of social media to promote her skills and experience as a volleyball player to help younger players develop their skills She plans to generate income from advertising on her social media sites − She will also use her artistic and marketing talents to find work using several web platforms, like Upwork and Freelancer Although still in college, she has signed a “name, image, and likeness (N I L)” contract with several volleyball-related businesses. Amy also plays for U.S.A. Volleyball and was a member of the 2021 U.S.A. Olympic team Based on what she has read on websites and heard from friends, Amy is wondering if she should form a corporation or a limited liability company for these pursuits, or just be a sole proprietor. Also she is also curious whether, for tax and legal purposes, she has one business or two? Question: After reading this…
- Natalie Koebel spent much of her childhood learning the art of cookie-making from her grandmother. They passed many happy hours mastering every type of cookie imaginable and later creating new recipes that were both healthy and delicious. Now at the start of her second year in college, Natalie is investigating various possibilities for starting her own business as part of the requirements of the entrepreneurship program in which she is enrolled. A long-time friend insists that Natalie has to somehow include cookies in her business plan. After a series of brainstorming sessions, Natalie settles on the idea of operating a cookie-making school. She will start on a part-time basis and offer her services in people’s homes. Now that she has started thinking about it, the possibilities seem endless. During the fall, she will concentrate on holiday cookies. She will offer individual lessons and group sessions (which will probably be more entertainment than education for the participants).…2. Suppose, an Indian automobile multinational company has a subsidiary in Germany. Mr. Amit Chowdhury, an Indian citizen will be sent to his expatriate role in the German subsidiary of the company in the Public Relations Division. One of the important responsibilities he will need to carry out is to communicate and coordinate with German Government Officials on an approval to start a new factory there. He will also need to monitor the initiation and progression of the factory when they will start functioning. What will be the essential components of Mr. Amit Chowdhury’s pre-departure trainingSolenn and Nico Bolzico, both graduate students, moved into an apartment near the university. Solenn wants to buy renter's insurance, but Nico thinks they don't need it because their furniture isn't worth much. Solenn points out that, among other things, they have some expensive computer and stereo equipment. To help the Bolzicos resolve their dilemma, suggest a plan for deciding how much insurance to buy, and give them some ideas for finding a policy.