Agree or disagree with abdul business practices

Assignment Help Business Management
Reference no: EM133055381

Abdul is an extremely successful businessperson from the Middle East. He has many influential friends including Government Ministers and lawyers and judges. His construction company Sahara Berhad is very successful at securing government contracts particularly around major infrastructure. Last year they were one of three companies that won the bid to build the new international airport in one of the Middle East's major cities. When asked about his success he was very candid.

"We are a very good company- very high-quality people- I only employ the top engineers with qualifications from the best universities. I employ goof foreign workers and pay them well. But I am also a realist- to get the contracts you have to know the right people and be there at the right time and do the right things. I know the right people- the key ministers and government officials. If they ask me for an extra payment to smooth the negotiation- I pay it- If they ask to help with the Minister's children's university fees. I pay it.

Everyone does it and it's how we do business. In many cases they don't even ask you are just expected to. We call it helping money.

But you must also understand this is how everything works here- you do people favours, you pay the police a little money so they don't fine you, you give the teacher a little gift to get your child a better seat at the front of the class, you give the official a little extra to make sure your passport application gets processed quickly. It's how we work and live and it's been this way for hundreds of years. For me and my business it makes sense as it's only a small cost when we are talking contracts that are worth hundreds of millions of dollars.

When asked if such payment is illegal in his country Abdul laughed and said:
"Ahh you know sometimes it's the Ministers who make these laws and the judges who are supposed to rule in the courts that ask for the most!!! You must understand that if it is a gift then its ok- if it's a bribe that's illegal! We just are very.... generous to our friends"

Do you agree or disagree with Abdul's Business Practices?

Reference no: EM133055381

Questions Cloud

Find the periodic payment at the beginning of every months : Find the periodic payment at the beginning of every 6 months for 3 years to discharge an obligation of P25.000 due now if money is worth 12% commanded quarterly
Evolution of object orientation in programming : Detail the evolution of object orientation in programming from the early conceptualizations up to current O-O concepts, structures, and capabilities
What prior research was conducted : -Pick two strategies from the above list for entering the global market. Assess the strengths and limitations of each strategy.
Explain lemonade business model : Explain Lemonade's business model in terms of roles of donation.
Agree or disagree with abdul business practices : Abdul is an extremely successful businessperson from the Middle East. He has many influential friends including Government Ministers and lawyers and judges. His
Compatible to display in company breakroom : Create a visual poster?or infographic using Microsoft PowerPoint or Compatible to display in the company's breakroom.
Balanced scorecard in health care institutions : Put yourself in the role of a health care executive who is introducing the use of a balanced scorecard to middle management at the next management meeting for y
Define software reliability and what is modularity : What are functional and non-functional requirements? Define Software Reliability. What is Modularity?
HRMT6004 International and Comparative Human Resource : HRMT6004 International and Comparative Human Resource Management Assignment Help and Solution, Southern Cross University - Assessment Writing Service

Reviews

Write a Review

Business Management Questions & Answers

  Create a plan to implement a firms strategy

Create a plan to implement a firms strategy and manage the change from current operations - Describe strategic planning techniques used to formulate alternative strategies designed to achieve stated business goals.

  Develop a physical prototype for the product

Find an unmet need, or a problem needing a solution (new product or improved product to a new market).

  Creating winning it strategies-dave aron

After watching the "Creating Winning IT Strategies - Dave Aron (Gartner Group)" video in the Readings and Resource folder, find an example of a company, which has been in the news sometime in the last two months, that is using information technolo..

  Explain it personnel will install a new phone system

Explain IT personnel will install a new phone system for all departments and Which sentence uses an expletive

  Building on your one sentence new product idea

Demonstrate that you used three or more Thinkertoy techniques to develop it. In order to meet standards for this assignment, you must

  How would you measure the different forms of credit

What types of credit does the company use and how are they managed? How would you measure the different forms of debt?

  Leadership and management of organizations

An explanation of complexity theory that is applicable to the leadership and management of organizations.

  Political unrest in the middle east

To what extent do you feel political unrest in the Middle East will spread outside the region? Would that be a good or bad thing for global business?

  Sources of information a union or management negotiator

Identify some sources of information a union or management negotiator could consult to get timely and relevant information about the following:

  Are economic systems a form of moral philosophy

1. Are Economic Systems a Form of Moral Philosophy? Explain.

  Compare schilling description of the sequential

Compare and contrast Schilling's description of the sequential and partly parallel product development processes with the "design thinking" process advocated by

  How theory viewpoint is applied in the workplace

Summarize the theory viewpoint(s), and how it is applied in the workplace. Please use the sample management theory table provided, and be thorough.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd