You are the Director of Contracts at the Ministry of Energy. During the Christmas season, one of the Oil and Gas Companies sent a hamper of expensive goodies personally addressed to you at the office. What actions might you want to take? Consider the alternatives you have available to you and how they affect the stakeholders. What are the consequences, duties, rights, and principles, implications for personal integrity and character?

You are the Director of Contracts at the Ministry of Energy. During the Christmas season, one of the Oil and Gas Companies sent a hamper of expensive goodies personally addressed to you at the office. What actions might you want to take? Consider the alternatives you have available to you and how they affect the stakeholders. What are the consequences, duties, rights, and principles, implications for personal integrity and character?

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

ChapterC: Cases

Section: Chapter Questions

Problem 1.9A

See similar textbooks

Similar questions

Scenario 1: Receiving GiftsYou are the Director of Contracts at the Ministry of Energy. During theChristmas season, one of the Oil and Gas Companies sent a hamperof expensive goodies personally addressed to you at the office. Whatactions might you want to take? Consider the alternatives you have available to you and how they affect the stakeholders. What are the consequences, duties, rights, and principles, implications for personal integrity and character?
You are the recently appointed expatriate manager of a subsidiary of a large multi-national enterprise, located in a developing country in Africa. Your first project is to re-negotiate a contractual agreement with a longstanding local supplier. However, you have been madeaware that the local supplier is in final discussions with a rival company to gain exclusive access to the same materials, which are essential for your company’s production process and supply chain. Discuss how you would approach the negotiations with the local supplier. please describe the five stages of negotiation.
nvwau anuibuei bwo The division of a large office services company that makes high-end copiers signed a five-year, $25 million contract for IT services from CGI Group, a Canadian information technology company. If you were the manager of the division, how would you justify the long-term nature of your contract with CGI Group?
Back in July 2012, the NHL opened negotiations for a new collective-bargaining agreement with an aggressive proposal to reduce players' percentage of hockey-related revenue from 57% to 43%, among other demands. After waiting a month, the NHLPA put forth an offer that separated player salaries from league revenue, slowing the growth of player salaries, and dividing revenues saved among financially struggling teams. Emotions escalated on both sides of the negotiation. The league lockout came after the September 15, 2012 expiration date of the parties' existing contract came and went. Weeks of cancelled games turned into months. Both parties were extraordinarily angry at one another. Meetings quickly escalated to shouting matches, and fear was it could turn physical. Given the highly emotional nature of the disputing parties what would you recommend doing? a) Bring in a third party, unrelated to either side, to be salient and visibly present in the room b) Ask them to (please)…
Back in July 2012, the NHL opened negotiations for a new collective-bargaining agreement with an aggressive proposal to reduce players’ percentage of hockey-related revenue from 57% to 43%, among other demands. After waiting a month, the NHLPA put forth an offer that separated player salaries from league revenue, slowing the growth of player salaries, and dividing revenues saved among financially struggling teams. Emotions escalated on both sides of the negotiation. The league lockout came after the September 15, 2012 expiration date of the parties’ existing contract came and went. Weeks of cancelled games turned into months. Both parties were extraordinarily angry at one another. Meetings quickly escalated to shouting matches, and fear was it could turn physical. Given the highly emotional nature of the disputing parties what would you recommend doing
Summary of merger or acquisitions in motion or negotiations that are being questioned by US Government regulators. Cite the companies involved , market share and why the government has resistant to allow the merger or acquisition to take place
Assume that you are a consultant advising the Chair of a Remuneration Committee - who oversees CEO and Executive remuneration of a listed company in Australia. As requested by the company’s shareholders and Board of Directors, you have been tasked to review the CEO compensation structure to fit changes in the current business environment.1. In response to the Covid-19 pandemic and uncertainties in business climate, what short-term and long-term considerations should the company observe in adjusting the CEO’s pay? Provide a rationale for theseconsiderations and support your discussions with relevant examples.
acme the rejected current regulator proposal what could be the possible alternative course of actions to get the contract
A Muslim trader should keep up his __________, _______and____________as these are considered as Islamic ethical behavior and imposes a great importance to it. Choose the most appropriate terms to fill the gap. a. lack of trust, promise and agreement b. customer, supplier and financiers c. trusts, promises and contracts d. profits, insurance and bank settlements
You are required to assess key functions including risk management and compliance for J.P Morgan Chase, and present a written report based on J.P Morgan Chase on the following in 2,000 words: Risk management framework – Conduct an analysis of the risk management process/ framework implemented at the J.P Morgan Chase (including risk assessment and risk control mechanisms). You are required to report on key risks that the institution is exposed to and explain aspects of the framework, emphasizing the effectiveness of the risk management strategies used. Anti-Money Laundering and Terrorist Financing Strategies – Discuss with examples, J.P Morgan Chase approaches/ strategies to combat money laundering and terrorist financing issues. Statutory legislation and compliance - Explain the importance of financial institutions meeting regulatory requirements. Comment on specific legislation that J.P Morgan Chase must be compliant with.
Please see and determine if the link for news report below discusses an incompetent physician or dentist and action taken project https://www.google.com/amp/s/amp.theguardian.com/us-news/2022/mar/16/wisconsin-dentist-guilty-damaging-patients-teeth-boost-profits https://www.google.com/amp/s/amp.theguardian.com/us-news/2022/mar/16/wisconsin-dentist-guilty-damaging-patients-teeth-boost-profits
Most codes of corporate governance, boards and committees, including Committee of Sponsoring Organisations (COSO) (2004), Organisation for Economic Co-operation and Development (OECD), Basel III, Solvency II and King IV Report on Governance, emphasise that riskmanagement is indispensable. Nonetheless traditional risk management alone appears to leave out some important aspects which led to the development of Enterprise Risk Management.Compare and contrast traditional risk management with enterprise risk management. Include the eight components of enterprise risk management from the Committee of Sponsoring Organisations (COSO) framework in your discussion. (30 marks.