Successful businessperson from the middle east

Assignment Help Business Management
Reference no: EM133051507

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"

What is Abdul's argument that these practices are acceptable?

Reference no: EM133051507

Questions Cloud

What is Digital Rights Management : What is Digital Rights Management? Why is intellectual property entitled to legal protection? What is the Fair Use doctrine?
Journalize the entries for the original purchase : Journalize the entries for the original purchase, dividend, sale, and change in fair value under the fair value method
Sentiment analysis deals : What are the common challenges with which sentiment analysis deals? What are the most popular application areas for sentiment analysis? Why?
Assess the quality of excellent hotel : How should quality be defined in a hospitality industry like a hotel?
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 gov
What is the clearing price in the auction : Logan Enterprises is offering 615 shares in a Dutch auction IPO. The following bids have been received. What is the clearing price in the auction
Discuss the role of data and data management solutions : -Define and differentiate between data, information, and knowledge. Discuss how each can contribute to organizational competitive advantage.
Address sustainability and global warming : Explain what approaches they are taking to address sustainability and global warming.
Discuss data standardization and integration : Discuss data standardization and integration, data quality, metadata management, data modeling, data ownership, and data stewardship as each relates to data str

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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