Starnes-Brenner Machine Tool Company–To Bribe or Not to Bribe Several questions should be emphasized in the case; the question of ethics‚ the question of self-reference criterion and a more important question of what role should the marketer play; how much should they try to change the system and how much should they try to become a part of the system. A strong point should be made that in a country where bribery is part of the way of doing business‚ there is an identifiable system of how much
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STARNES- BRENNER MACHINE TOOL COMPANY My presentation is based on a case that I read in my International marketing class that I thought I needed to share with you. Starnes Brenner machine tool is company making machine tool based in Iowa. They have been dealing with many different countries but I’m more interested today in their business in the Latino country. This doc present of a company business ethic while operating in a foreign country. The main point of the ethic problem is the high level
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Starnes-Brenner Machine Tool Company To Bribe or Not to Bribe Introduction Case Summary Ethics Legality Similar Cases Real World Lessons Learned Case Summary Starnes-Brenner Machine Tools Company Wants more international presence Latino – Fictional South American Country Frank – 10 years of success Retiring Replacing Frank Bill – Young‚ motivated‚ rising star Case Summary Cont. Conflict between Frank & Bill Frank
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Starnes-Brenner Machine Tool Company: To Bribe or Not to Bribe Jacki DiSanto Cleveland State University The problem of business ethics is infinitely more complex in the international marketplace because value judgments differ widely among culturally diverse group. Franks choice to use bribery in Latino is ethical‚ being ethical or unethical is in the eyes of the country. If the country does not view it as unethical‚ why should Frank. In the US‚ bribery is considered unethical. The Foreign Corrupt
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The Starnes-Brenner Machine Tool Company of Iowa City‚ Iowa‚ has a small one-man sales offi ce headed by Frank Rothe in La- tino‚ a major Latin American country. Frank has been in Latino for about 10 years and is retiring this year; his replacement is Bill Hunsaker‚ one of Starnes-Brenner’s top salespeople. Both will be in Latino for about eight months‚ during which time Frank will show Bill the ropes‚ introduce him to their principal customers‚ and‚ in general‚ prepare him to take
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The conducting of business in a multi-national environment calls that extra factors are considered. This is the case where cultural practices pertaining to gifts‚ bribes‚ and any other kind of payments have become part of accepted business norms. In the United States‚ through the Foreign Corrupt Practices Act (FCPA) of 1977‚ “companies cannot make payments of this nature while knowing or having reason to know that any portion of the funds will be transferred to a forbidden recipient to be used for
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Char Williams Starnes-Brenner Machine Tool MKTU 640 International Marketing Case Study 2-3: Starnes-Brenner Machine Tool Company: To Bribe or Not to Bride? Sunday‚ March 22‚ 2015 Starnes-Brenner Machine Tool 1. Is what Frank did ethical? By whose ethics—those of Latino or the United States? What comes to mind when we hear this name? It depends on how you look at it. Ethics‚ sadly‚ are a wholly personal issue—how you live your life versus how you run your business. Clearly‚ there are business
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Michelle Young MKT 568 Starnes-Brenner Machine Tool Company 1. Is what Frank did ethical? By whose ethics—those of Latino or the United States? a. What frank did was unethical based on the United States standards of ethics. However‚ if it is part of Latino culture I can see why he would act unethically‚ so that he could conduct business. But‚ since the company is state owned company Frank should act accordingly to the ethical standards of the business set by the company. 2. Are Frank’s two different
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CASE 23 Starnes-Brenner Machine Tool Company: To Bribe or Not to Bribe? The Starnes-Brenner Machine Tool Company of Iowa City‚ Iowa‚ has a small one-man sales office headed by Frank Rothe in Latino‚ a major Latin American country. Frank has been in Latino for about 10 years and is retiring this year; his replacement is Bill Hunsaker‚ one of Starnes-Brenner’s top salespeople. Both will be in Latino for about eight months‚ during which time Frank will show Bill the ropes‚ introduce him to their principal
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| “Walking the Fine Line: Distinguishing between tokens of appreciation and bribes” Article Review | | | In the article “Walking the Fine Line: Distinguishing between tokens of appreciation and bribes” author Marjean Pountain examines gift-giving‚ bribery and the fine line that separates them in her profession as a Real Estate Management Executive. Real Estate Managers are in a job that requires them to make many decisions and the choice of which vendor to use should not be affected
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