This case explores the roles of CEO Rudi Gassner and the 9-person executive committee in leading BMG International. BMG International is the international music subsidiary of Bertelsmann‚ a German company that is the second-largest media conglomerate in the world. In particular‚ the case describes a 1993 decision that Gassner and the executive committee must make about whether or not to change managers’ business plans and bonus targets as a result of a newly negotiate reduced manufacturing cost.
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Rudi Gassner and the Executive Committee of BMG International BMG International is a subsidiary of Bertelsmann AG‚ a German media conglomerate that became the second largest media enterprise with 1992 sales of $9.7 billion. At that time Bertelsmann was comprised of over 200 companies and 50‚000 employees in 37 countries whose business interests included music‚ radio‚ television‚ film‚ book‚ magazine and newspaper publishing and distribution‚ printing and manufacturing operations. Headquarted in
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American Red Cross The American Red Cross is an independent‚ volunteer-led organization‚ financially supported by voluntary public contributions and cost-reimbursement charges. It is an organization that provides services to all humanity both nationally and internationally. The International Red Cross works along side with the Red Crescent Movement and together they are the world’s largest humanitarian network‚ with a presence and activities in almost every country. The seven fundamental principals
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his options for moving the meeting forward‚ what are the pros and cons of each option‚ and what should he do and why?•As a first option for Rudi Gassner is to push hard on ECM as he used to do during his leadership as President and CEO at BMG International in order to get result he expected to be endorsed‚ id est. to face an issue that production costs is an important part of budget and its significant reduction greatly affect the profit part‚ therefore thanks to Arnold Bahlmann spending part would
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The main ethical issue inside the American Red Cross is the general trust of employees and volunteers and believing that they have the same ethics and values that are needed to be in place in this nonprofit organization. For years‚ there has been a total lack of accountability when it comes to donations‚ supplies or equipment that is needed during an emergency. There are no checks and balances in place and the organization is far from transparent as to where the funds or equipment is going. A recent
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The Red Cross The Canadian government and individual Canadians are also frequent supporters of international aid initiatives to assist people in war torn or developing nations. Canada has also been a key endorser to many international treaties and plays a very important role in promoting positive change socially and physically. We all probably have heard about the Red Cross. Some of us might have seen it in action helping people in need all over the world. Red Cross is an international
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Assignment 1 “The American Red Cross” Chantill Toyer Strayer University HRM522 Ethical & Advocacy for HR Professionals Dr. Jeanette Horner-Smith October 26‚ 2014 ABSTRACT Whether you open a business or a nonprofit organization one has to have a vision and mission for that organization. An organizational mission is the goals one is aiming towards. The mission of the American Red Cross (ARC) is to “prevent and alleviate human suffering in the
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Introduction The American Red Cross is a nongovernmental‚ nonprofit organization that is led by volunteers‚ whose purpose is to prevent and relieve human suffering. The American Red Cross is part of the International Red Cross organization and is the largest supplier of blood in the United States. Its assistance in providing relief to victims of natural and man-made disasters and helping people prevent‚ prepare for and respond to emergencies has helped the American Red Cross create a brand name that
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American Red Cross Volunteering is a great way to get involved in your community. I think volunteering is something everyone should do at least once in their life. Volunteering is a great way to give back to your community and the sense of pride you feel afterwards is like no other. There are numerous charity organization with which a person can volunteer. For example‚ The Salvation Army‚ The Red Cross‚ United Way‚ Meals on Wheels‚ etc. All charities help with different things. Some help feed
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The Canadian Red Cross Society belongs to one of the largest humanitarian network ever created‚ and is just one of 190 National Red Cross (and Red Crescent) societies! They are charitable organization that is dedicated to help improve the lives of people who are left helpless by bringing together the power of humanity‚ whether in our country or internationally. Its roots start way back in the spring of 1885‚ thanks to George Dr. George Sterling Ryerson‚ who started the foundations for this what
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