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PAYING FOR SPECIAL FAVORS Aggressive companies in some regions of the world commonly use payoffs to gain access to new markets. Some countries consider bribes to be tax-deductible business expenses. However, U.S. companies can face hefty fines and prison sentences when U.S. laws are violated. The Foreign Corrupt Practices Act (FCPA) prohibits bribery of foreign government officials by U.S. businesspeople. FCPA is designed to prevent obtaining favorable business decisions using methods that would be illegal in the United States. Companies may be fined up to $2 million for violations. In recent years, the United Nations has adopted similar anti-bribery rules. Sometimes companies cave in to local customs. A U.S. computer company offered Chinese journalists the equivalent of $12 to attend its news conferences. The company said the money was for taxi fares; however, the amount was equal to a week’s pay for some journalists. Think Critically According to the guidelines for ethical analysis, are the payments to Chinese journalists ethical?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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