Going forward, how can Volkswagen improve its corporate governance to prevent a similar crisis from recurring? ( 300 words) Volkswagen- The Emission Scandal
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- Going forward, how can Volkswagen improve its corporate governance to prevent a similar crisis from recurring? ( 300 words)
Volkswagen- The Emission Scandal
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- VOLKSWAGEN: THE SCANDAL The Environmental Protection Agency (EPA) found that many VW cars being sold in America had a "defeat device" - or software - in diesel engines that could detect when they were being tested, changing the performance accordingly to improve and falsify results. The German car giant has since admitted to cheating emissions tests in the US. The result of this cheating is that engines emitted nitrogen oxide pollutants up to 40 times above what is allowed in the US. Martin Winterkorn, the VW Chief Executive at the time, produced a video where he said that he was “endlessly sorry” and that the misconduct was a result of “the grave errors of very few” employees. 1. How did VW jeopardize both their internal business ethics and culture and external business ethics to consumers? 2. What responsibility does VW owe to their employees who were not part of the scandal? 3. Did the employees involved in the scandal violate their loyalty to the company?E3 What occurs with a licensing agreement? Multiple Choice One firm grants to another the right to use all of its expertise. One firm grants to another the right to use stipulated parts of its expertise. A foreign company receives products made for it by another company. An international firm receives permission from a foreign government to set up a subsidiary in that country.Paragraph 7. There are many worthy causes or programs that deserve support from socially responsible companies. In your opinion, which types of causes or programs are the most deserving? Explain your reasoning. Accessibility: Unavailable DOLL DELL Jan 24, 2022, 5:11 PM
- Samsung’s water resistance claims came under heavy scrutiny as early as 2016 when influential U.S. magazine Consumer Reports said the Galaxy S7 phone - which appears dunked in a fish tank in commercials - had failed an immersion test. i)What is the key issue here and why is it important? ii) What environmental factors shape the problem?CS Economics The Nixon administration was interested in pursuing passive restraint safety systems. But there was pushback from politicians because? This meant people had less choice about using them (a challenge to their freedom) This meant that the price of vehicles would put buying a car out of reach for most people This would reduce traffic fatalities but would increase the number of injuries This meant less work for lawyers who were earning money from traffic accident casesGoogle and China Google ended itssearch product in China in 2010 and is effectively blocked in the country. However,a report emerged last year that the search giant was looking to launch a censored version of itssearch app in China. The initiative, which the company acknowledged publicly, was in its earlystages. In China, all internet services are required to censor information which the governmentdeems sensitive.However, Vice President for Government Affairs and Public Policy at the company, Karan Bhatia,said this week that Google had abandoned plans for “Project Dragonfly,” the name of its Chinasearch product initiative. So right now, Google is still blocked in China and can only be accessed via a virtual private network(VPN), which helps mask a user’s internet location.Source: Adapted from Kharpal, A. 2019. Google has been accused of working with China. Here’swhat they’ve been doing there. Q.1.2 Identify and discussthe level of management Larry Page and Sergey Brin represented in…
- Google and China Google ended itssearch product in China in 2010 and is effectively blocked in the country. However,a report emerged last year that the search giant was looking to launch a censored version of itssearch app in China. The initiative, which the company acknowledged publicly, was in its earlystages. In China, all internet services are required to censor information which the governmentdeems sensitive.However, Vice President for Government Affairs and Public Policy at the company, Karan Bhatia,said this week that Google had abandoned plans for “Project Dragonfly,” the name of its Chinasearch product initiative.So right now, Google is still blocked in China and can only be accessed via a virtual private network(VPN), which helps mask a user’s internet location.Source: Adapted from Kharpal, A. 2019. Google has been accused of working with China. Here’swhat they’ve been doing there. 1)Identify and discussthe level of management Larry Page and Sergey Brin representedin 1999 as…What do you make of the changes to federal consumer protection resources under the Trump administration (i.e. the disbanding of the consumer protection board)? Do you think this is good or bad for the consumer public?Grocers are blown a raspberryCompetition authorities throw out the merger of Sainsbury’s and Asda (Economist, Apr 25th 2019) A plan to create Britain’s biggest supermarket is squashed, on fears it would harm consumers IT WAS BILLED as the retail deal of the decade, at a stroke creating Britain’s biggest supermarket chain—and one of Europe’s largest, too. No longer. On April 25th Britain’s Competition and Markets Authority (CMA) blocked the proposed £12bn ($15.5bn) merger between the country’s second-largest supermarket, Asda, which is owned by America’s Walmart, and the third largest, Sainsbury’s. By combining the pair’s market shares of 15.4% and 15.3% respectively, the new Sasda, or somesuch, would have leapfrogged the current market leader, Tesco, which has 27%. The merged entity would have had a turnover of about £51bn a year. Asda and Sainsbury’s argued that in Britain’s ruthlessly competitive retail market, the deal would have given them room to cut costs and thus offer lower…
- Identify with examples the level of management responsible CSR. 300 wordsDevelop a “Code of Business Practices” for a new online vitamin store. Does your code address advertising? Privacy? Use by children? Why is self regulation important?This case explores the growth of Tesla Inc., and in particular, the role of government subsidies in the growth of the company’s electric cars sales. Tesla, which in addition to its electric cars is also involved in energy storage, lithium ion batteries and solar panel making, was founded in 2003. The Tesla Roadster rocketed Tesla into consumer consciousness in 2008. As the world’s first electric sports car, Tesla’s Roadster changed the way people perceived electric cars. Today, Tesla, which has assets of $25 billion and sales of more than $7 billion, employs more than 30,000 people. Today, more than 150,000 Tesla Model S vehicles have been sold. The Model S, a luxury sedan, is the world’s best-selling electric car after the Nissan Leaf. Tesla has gone on to introduce several other models including one with a base price of just $35,000. Electric cars sales have been particularly strong in Europe, where sales of electric cars have grown by 30 percent overall and, and as much as 80…