SCANDAL IN SIEMENS (2006) In November 2006‚ Siemens company the Germany’s industrial giant had been involved in the largest bribery scandal that Germany had never experienced before. Managers used to secure abroad contracts by paying bribes to their clients. Is this an unethical behaviour or just a way to make profits for their company as they pretend that they didn’t make any personal gain? Is this behaviour could be considered as a sort of lobbying? What are the lessons Siemens had learned
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1. • In your opinion‚ is “bribing” unethical & illegal or just a cost of doing business? Discuss this in light of Siemens’ bribery scandal. We believe that bribing is unethical because it takes away the fairness of a business transaction between bidders of a contract. Bribing also has a negative impact on competition because it allows for oligopolies and monopolies to emerge in an industry due to smaller competitors being unable to financially compete with the amount of the bribes. This in
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Analysis Opportunities For more than 160 years‚ Siemens has focused in technological achievement‚ international‚ reliability and quality. Siemens has coupled innovative concepts and creative ideas with future-sighted willingness and taking in business risk to make the company strong. Siemens brand can be reflected around the globe because of its sustainability‚ technology and financial leaderships‚ market leadership and values. Global presence As Siemens maintain the Regional Companies directly at
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SO GREAT Why do we think we are so great? When all we have to do‚ Is stand upon a mountainside‚ Which dwarfs both me and you! Just take the time to really see‚ That cascading waterfall A snow clad range of mountains‚ A flower‚ a bird‚ a tree Take the time to smell the earth When a shower has washed it clean‚ The sweetest scent is new mown hay‚ Or newly cut grass‚ velvet and green Watch the new born lambs at play‚ Or‚ see an eagle rise and soar‚ Hear the whales resounding song‚ Or‚ listen
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Do you ever think about being a slave? How brutal and harsh being a slave was? Well‚ poor Frederick Douglass knows exactly what it’s like‚ and here’s his story. Frederick Augustus Washington Bailey is also known as Frederick Douglass‚ he was born in February 1818. His real birth date is unknown‚ but later in his life‚ they celebrated it on February 14th. Frederick was born in Tuckahoe‚ Maryland. Frederick was born into slavery. When he was just 12 years old‚ he learned to read and write from a
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voting should become a law believe that it will bring the number of voters on Election Day to increase. With voter participation rates falling below sixty percent‚ making voting mandatory would increase the percentage of those who vote. By creating a law forcing people to vote it would make the elections truly valid and protect the integrity of our elections. By enforcing voting we would be ensuring that the elections would show the beliefs of every eligible voter. Politicians will have more support and
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Do you think all of the characters in ‘Of Mice and Men’ are prejudged? (25 Marks) In ‘Of Mice and Men’ most of the characters are subjected to discrimination and prejudice. The prejudice can be seen most in the characters Lennie Small‚ Crooks and Curley’s Wife. Curley’s Wife was a subject of Prejudice because she was a woman. During the 1930’s a woman’s place was to be at home raising a family‚ also women were seen as second class citizens and property of their husbands. Before we meet Curley’s
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devices for inventory management‚ use of industry business to business exchanges and portal technology applications. The CEO has requested that the IS department develop proposals for several technology projects. Two projects h to provide the online services to customers are: * Development of online ordering portal- This is an interface where customers browse‚ check and order our products online which will be delivered at their doorsteps * Wireless inventory management- It is required for
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SIEMENS: 1. Identify four benefits to Siemens of its in-depth training and development of workers. Ans. Training refers to increasing the knowledge‚ skills and attitude of employees or extending those the employees already have. Siemens as the top three electrical and electronic companies has been running various effective training programs for their employees in order to build a strong work force and thus contribute better services to the society. In order to do that‚ they are providing their
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When Do Government tax Azita Shafai Incentives become export subsidies Case Study TDMT 1353 1. Do you think Bombardier and Embraer are guilty as charged? Please explain your answer. In my opinion I think Bombardier and Embraer are guilty as charged because both accuse each other of what they are individually guilty of. In that they both had government help in manufacturing aircraft whether it was a low interest federal loan
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