Company corporate governance and legal compliance

Assignment Help Marketing Management
Reference no: EM133216632

Jenny Henry is the Chief Financial Officer (CFO) of a recently listed company, Mercks Ltd, which operates a chain of retail outlets in Australia and New Zealand. 

 The company retails pharmaceutical products and has grown very rapidly having since formation.

The board of directors have been made aware by the that's its corporate governance is perceived to be weak after a published report by the company's internal auditors detailing the following identified weakness:

  1. Four of the executive director's salary are based on a fixed performance-based remuneration.
  2. A majority shareholder is responsible for 70% of the company's supply chain.
  3. There is no formulated diversity policy for members of the board, senior executives and employees.
  4. There is no whistle-blower, anti-bribery and corruption policy. 

Jenny wishes to help improve the company's corporate governance and legal compliance but is unclear about a number of issues.

Required:

Recommend to Jenny how the company should resolve the above-mentioned problems to ensure that the appropriate corporate governance policy and structures are implemented. 

Reference no: EM133216632

Questions Cloud

Reads inorder traversal from file : Reads an inorder traversal from a file, as well a levelorder traversal from a file and builds a tree with that two traversals?
Summarize definition of leadership : How is leadership developed - nature or nurture? What leadership characteristics make this leader successful?
Diversity strategies to improve inclusive work practices : Diversity strategies to improve inclusive work practices (at least three) Coaching, mentoring and other professional development opportunities
Merge siblings and redistribute pointers : explain under what circumstances the two strategies, "merge siblings" and "redistribute pointers" should be used during deletion operations in a B+ tree.
Company corporate governance and legal compliance : Jenny Henry is the Chief Financial Officer (CFO) of a recently listed company, Mercks Ltd, which operates a chain of retail outlets in Australia and New Zealand
Government agency that regulates in the medical field : Choose a government agency that regulates in the medical field, and describe their purpose and activities. Consider both positive and negative aspects.
Major sections to a marketing plan : There are 5 major sections to a marketing plan: 1) Destination - mission and goals 2) Analysis - the world around us 3) Our product and positioning 4) The 4 P's
List the 5 core societal dimensions : List the 5 Core Societal dimensions we discussed in class, and describe 3, each with examples of how they compare or contrast with your home culture, and the cu
Describe the market entry strategy business will adapt : Choose an international market and a product of your choice, you are expected to make marketing plan for entrance in this new international market.

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

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