Spent great deal of money developing new airplane

Assignment Help Operation Management
Reference no: EM131368741

An airplane manufacturer has spent a great deal of money developing a new airplane. The company badly needs cash because it is financially overextended. If it does not get some large orders soon, it will have to close down part of its operation. Doing that will put several thousand workers out of jobs. The result will be disastrous not only for the workers, but also for the town in which they live. The president of the company has been trying to interest the government of a foreign country in a large purchase. He learns that one of the key governmental ministers in charge of making the final decision is heavily in debt because of gambling. He quietly contacts that minister and offers him $1 million in cash if he awards the contract for five planes to his firm. The money is paid and the contract is awarded. In your initial post please address if any ethical issues exist. Why? How are other stakeholders impacted?

Reference no: EM131368741

Questions Cloud

Within staffing planning : Within staffing planning, there are three questions that need to be addressed. Identify and discuss each question and its components in detail.
HR use to improve systems, processes and efficiencies : What types of technology should HR use to improve systems, processes and efficiencies? Why? What are examples of national or popular professional technology societies in which HR professionals can network to learn more about the industry?
Brand loyalty typically effect customer purchase decisions : The Pillsbury division of General Mills has promoted its baking products through its trade character, the Pillsbury Doughboy, since 1965. He appears in television commercials touting the quality, benefits, and features of the products Pillsbury sells..
German beer industry minicase : Beer has been brewed in Germany for more than 3,000 years. A diverse set of people have been brewers from house wives to monks and nuns to professional brewmasters. The first governmental regulations concerning beer focused on paying taxes for beer a..
Spent great deal of money developing new airplane : An airplane manufacturer has spent a great deal of money developing a new airplane. The company badly needs cash because it is financially overextended. If it does not get some large orders soon, it will have to close down part of its operation. The ..
Evaluate general business trends in the economy : There are many external sources of information that firms can tap into to forecast the demand for their product. Discuss the five most common types of information that can be used to evaluate general business trends in the economy. Provide an example..
Discuss the workforce planning process : Discuss the workforce planning process. After discussing each step, explain what would happen if an organization did not follow the workforce planning process. Explain from the perspective of the employer and the employees.
Contrast forecasting the internal labor market : Part of forecasting a firm's labor supply requires an understanding of current and future skill and competency trends in the labor market. Compare and contrast forecasting the internal labor market and the external labor market. Be certain to discuss..
Social media as an important international marketing tool : What trends have given rise to the emergence of social media as an important international marketing tool? What are the trends and environmental factors that will drive international marketing in the future. Write a case Study essay on Problems and d..

Reviews

Write a Review

Operation Management Questions & Answers

  Product with existing product in marketing communications

In the late 1970s, Pepsi successfully launched the “Pepsi challenge” marketing campaign which showed that consumers preferred Pepsi over Coco-Cola in blind taste tests. In response, Coco-Cola developed a new formula afar “spending four years testing ..

  Develop four month moving average forecast

Data collected on the monthly demand for lawn mower at Azaka Gaarden Supply are shown in the following table Period Demand for lawn mower January 10 February 12 March 18 April 16 May 19 June 23 July 26 August 30 September 28 October 20 Novem..

  How many cars would you expect to see in the system

How long would you expect it to take for the customer to wait in line, pay with the debit card, and leave?

  Management have existing relationships within the market

Access the Internet and locate a business plan for an enterprise that is similar to one that you are interested in developing. Write a two-page analysis report that addresses the issues below and makes relevant connections to course objectives. Does ..

  Which theory of warfare

Which theory of warfare (Sun Tzu or Clausewitz) do you find most applicable to current warfare? Explain your answer and provide a brief example to illustrate your point.

  Characteristics of millennial individuals

Characteristics of Millennial individuals in the Workplace. How to recruit, select, and keep Millennial engaged in the workplace?

  Problem regarding the risk strategy

Define risk and how it affects the strategy planning process. In relation to innovation, sustainability, and the global market, how would you decide whether a risk is worth taking the chance on when to create a strategic plan?

  Personal career development plan

It is important to plan your career. Write your personal career development plan that will help you achieve your career objectives. (Include such items as: skills and competencies.

  The relevance of different theoretical frameworks

Critically examine the relevance of different theoretical frameworks that may assist us in dealing with ethical dilemmas when conducting business in a different cultural context to that of our own.

  Develop graphic rating scale for university teacher

Should Nike be held responsible for working conditions in foreign factories that it does not own, but where sub-contractors make products for Nike? Develop a graphic rating scale for a university teacher.

  Defining problem can be one of hardest things to accomplish

Defining a problem can be one of the hardest things to accomplish. How can you make sure that you have defined it properly? What process would you use to help with defining the process? Why? Everyone thinks and learns differently.

  Determining the effectiveness of the broad band approach

How might you go about determining the effectiveness of the Broad Band approach? Broad band approach is based on wide salary bands. In order to determine the effectiveness of broad band approach, an organization needs to see how money is spend on the..

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