Victoria Management School MMBA 558 International Business Assignment 4: Managing Pibrex (A): New Crisis‚ Old Grievances Student Name: Deane Nicholls Student ID: 300 181 563 Course Coordinator: Val Lindsay Due Date: Monday 11th April Executive Summary: Pibrex is one of the world’s largest developers of petrochemical polymers for the plastics market. The company has purchased a plant in Russia and after three years of serious operating losses it has
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Chapter 16 | Hiring and Managing Employees #1) It was announced in January 2003 that the current managing director of the Indian subsidiary of Tel-Comm-Tek (TCT) would resign within a month. TCT immediately began searching for a replacement based upon the following preferences: desire to promote from within‚ selection from a mix of nationals‚ and an emphasis on international experience. A selection committee was chosen to nominate the new managing director for TCT India and the following six
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27 September 2014 An analysis of the case: Managing Pibrex Russia (A) New crisis‚ old grievances Background Pibrex‚ a European leader in the production and development of polymers‚ faces the loss of its three Russian subsidiaries. This threat stems from issues encountered after entering the region in 1992 and then being hit with the Russian financial crisis of August 1998. As result‚ a steering committee comprised of three senior managers from Pibrex Region Europe North (PREN) exercised many anti-crisis
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and to the managing director from El Salvador‚ all problems regarding the accounting‚ the finance and labour relations. The managers from foreign subsidiaries of OEC are used to being rotate among foreign and domestic locations which offered them an important international experience. II. The Problem The main problem outlined in the case study is that the committee does not know which candidate would best fit the managing director’s position. Causes for the problem * Current managing director
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innovation as well. This vision was developed under the leadership of the new president John Mack and his executive team. President Mack was looking for people to “shake up the culture.” With heavy resistance‚ he recruited Paul Nasr to be the Senior Managing Director in Capital Market Services. Paul was a highly regarded banker with over twenty years of experience. He knew that one of Morgan Stanley’s weak areas was Capital Market Services‚ an area where he had been successful in the past. Paul also
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Name CEO/Contact Person Address/ Tel/Fax/E-mail/ Website Business Activities/ Sector Swiss Partner / Parent Company Date of Commence ment of Operations in India 1949 Staff Strength (Approx.) ABB Limited Mr. Biplab Majumder Country Manager & Managing Director 2nd Floor‚ East Wing Khanija Bhavan 49‚ Race Course Road Bangalore 560 001 Tel : 080 22949101 Fax : 080 22949148 biplab.majumder@in.abb.com www.abb.com/in 522‚Udyog Vihar‚ Phase -V‚ Gurgaon –122016‚ Haryana Telefax : 0124-4017119‚4015073
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Business Communication Case Study – Harrods Introduction Established in London since 1853 by Charles Henry Harrod‚ Harrods is a department store for luxury branded merchandise. Voted as the ‘Luxury Retailer of the Year 2013’ Harrods has a reputation of always delivering the highest standards of customer service as well as expertise in luxury goods. Harrods is currently owned by Qatar Holdings‚ with the head being Hamad bin Jassim bin Jaber Al Thani‚ a former Prime Minister of Qatar. Harrods was
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co-workers that painted him as a poor fit in the firm’s collaborative culture. Parson’s performance issues had been making his two immediate supervisors‚ Paul Nasr‚ the senior managing director in early 1996 and Gary Stuart‚ the just promoted managing director in early 1997 faced the dilemma whether to promote Rob Parson as managing director. 2.2 Problem 2 -Rob as Irreplaceable Staff. Stuart felt certain that Parson would leave the firm if he was not promoted in 1997. This would mean losing a valuable
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Axis Bank board zeroed in upon Shikha Sharma (Sharma)‚ the then CEO and chairman of ICICI Prudential Life Insurance Company Ltd.‚ as the new CEO and MD of Axis Bank. On April 20‚ 2009‚ Pangal Jayendra Nayak (Nayak)‚ the then chairman and managing director (CMD) of Axis Bank Ltd.‚ the third largest private sector bank in India‚ announced his decision to quit over the appointment of his successor. Nayak had opposed the appointment of Shikha Sharma (Sharma) as the CEO and MD of Axis Bank.The decision was
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ARTICLES OF ASSOCIATION of the Corporation (Société Anonyme) under the name DUTY FREE SHOPS S.A. having its registered office in Aghios Stefanos‚ Attica‚ Company Reg. No. 14216/06/B/86/06 SECTION I NAME – OBJECT – REGISTERED OFFICE – TERM – SHARE CAPITAL Article 1 Name The name of the company is “DUTY FREE SHOPS AND INDUSTRIAL‚ MANUFACTURING‚ TECHNICAL AND BUSINESS COMPANY S.A.”. For its international business the name of the company shall be used in faithful translation into the respective language
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