Siemens Ag - 3113 Words

Executive Summary The report will analyze the case study discussing the bribery scandal at Siemens AG. The case study raised the question of accountability of senior managers to the rampant corruption occurring in global divisions. Siemens AG is a German based company with executive offices in Munich. Siemens builds locomotives, traffic control systems and infrastructure. The company was brought up on charges of violation to the FCPA as a result of bribes of government officials. Outlining the corporate culture in Germany and how it led to wide-spread corruption in their business practice. The document will also provide a recommendation of how I would have conducted business as a manager of the foreign subsidiary. Introduction†¦show more content†¦Bad ethical habits were the way of life and were strictly encouraged to improve the company’s competitive edge. Role of Senior Managers Top managers understood and knew that corruption was prevalent and part of the business culture. Being faced with stricter guidelines that come along with NYSE registration, they chose not to enforce the basic rules and made it very difficult for external auditors from assessing the activities of the firm. Through weak policies, management provided the â€Å"rubber stamp of approval† to conduct business as usual. In my opinion they are responsible for allowing the corporate culture of bribery to exist. To reverse this activity, strict policies should have been instituted in the company with non-prejudicial enforcement. In a large conglomerate like Siemens AG, management must provide the appropriate guidelines and funding to ensure that detecting and eliminating bribery payments is possible. According to Daniels, Radebaugh and Sullivan the four criteria for an effective internal code of conduct is the following: †¢ Global policies are homogeneous throughout the company. Anyone working throughout the company must comply with the policy (Daniels, Radebaugh, Sullivan, 2011, p. 205). †¢ It communicates company policy not only to all employees but to anyone who does business with the company (p. 205). †¢ It states policies and consequences of not adhering to the policies. To be effectiveShow MoreRelatedThe Bribery Scandal at Siemens Ag1661 Words   |  7 Pages1. †¢ In your opinion, is â€Å"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 inRead MoreCase Analysis: the Bribery Scandal at Siemens Ag Essay1771 Words   |  8 PagesCase Analysis: The Bribery Scandal at Siemens AG The Siemens bribery scandal brought to light a strategic dilemma facing multi-national firms attempting to gain a competitive edge by operating abroad; specifically, how can they balance adherence to their own ethical and legal standards with the customs required to do business efficiently, or perhaps at all, in foreign markets? ïÆ'Ëœ Germany’s Co-Determination law has since drawn intense criticism as hampering competitiveness and creating untenableRead MoreSiemens Ag Bribery1261 Words   |  6 PagesSiemens AG Bribery Scandal This paper will focus on the analysis of the well-known and popular bribery scandal in the world, such as Siemens AG Bribery Scandal which occurred in November, 2006. Siemens AG is one of the largest and most popular electrical engineering companies operated in the world. The present company was founded in 1847 in Berlin and is now headquartered in Munich, Germany. The discussion and the proper analysis of this bribery scandal will help to learn many effective lessonsRead MoreThe Bribery Scandal at Siemens Ag941 Words   |  4 PagesCase One: The Bribery Scandal at Siemens AG Organization and Industry Overview: The case, â€Å"The Bribery Scandal at Siemens AG,† underscores how employee involvement with unethical behavior can cause irrevocable damage to a company’s reputation and ultimately their profitability and success. Werner von Siemens and Johann Georg Halske founded Siemens AG in 1847 in Munich, Germany as a manufacturer of telegraphic systems. Over the next 150+ years, the company grew rapidly expanding operations inRead MoreSiemens Handset Supply Chain Problem4815 Words   |  20 PagesSiemens Handset Analysis of the supply chain problems in the failure of Siemens Handset 2011/4/22 â€Æ' Content: Introduction 4 Introduction of Siemens 4 Siemens Mobile Phone 4 BenQ-Siemens Mobile Phone 6 Siemens Mobile Phone Industry 6 Production Supply Chain 6 Product Clockspeed 8 Supply Chain Integration 9 Retailers Distribution 9 Customer Value 10 Location 14 BenQ-Siemens 14 Merger of BenQ-Siemens 14 Temporary Win-win Situation 14 ODM Background of BenQ 15 RedesignedRead MoreSiemens - Knowledge Management2233 Words   |  9 PagesSiemens AG is a German based company founded in 1847, employs over 416,000 people in 190 countries, and has over 60.1 billion Euros in sales worldwide. Siemens became the electronics, telecommunications, and electrical engineering powerhouse that it is today by consistently innovating and discovering new technologies. After starting out as a small precision-engineering workshop making wire insulation and warning bells for railroads, the company discovered the dynamoelectric principle, built the firstRead MoreSiemens Development Strategy881 Words   |  4 PagesSiemens AG: Global Development Strategy †¢ What were the major causes of the problems with the NetManager project? (I’m not looking for a list of points made in the case; I’m looking for you to step back to a higher level and analyze why these problems occurred.) The problems experienced by the NetManager project appear to be symptoms of integration vs. responsiveness issue within Siemens AG. As a transnational company, Siemens faces strong pressure to globally integrate its operations, andRead MoreGe Healthcare As A Subsidiary Of General Electric Set Up By Iconic Inventor Essay869 Words   |  4 Pagesitem can drive monsters out of the business. Siemens AG goes up against GE assemble in correspondences, power, transportation, restorative, and lighting businesses. Siemens and HE Healthcare are most aggressive in the health awareness industry. Siemens Medical Solutions happens to be biggest supplier of health awareness hardware comprehensively. Siemens AG is unmistakable in its inventiveness and procurement of complete answers for its clients. Siemens is really bigger, with near to 440,000 workersRead MoreGeneral Electric ( Ge ) Essay1254 Words   |  6 Pagescountries, with over 333,000 employees. Siemens AG, 3M, Fanuc Corp, Atlas Copco AB , and Royal Philip NV are a few of GE’s international competitors (Morningstar, 2016). Similarities Currently, GE is working to restructure their infrastructure to put the majority emphasis on technology, while maintaining their Capital firm/ financial service division. Siemens AG has its focus on three segments: industry, energy and healthcare (Siemens, 2010). The foundation of Siemens â€Å"comprises our values, our guidingRead MoreA Strategic Analysis of Ge Healthcare1561 Words   |  7 Pagesand substitute product can drive giants out of the market. Siemens AG competes against GE group in communications, power, transportation, medical, and lighting industries. Siemens and HE Healthcare are most competitive in the healthcare industry. Siemens Medical Solutions happens to be largest supplier of healthcare equipment globally. Siemens AG is distinctive in its innovativeness and provision of complete solutions to its customers. Siemens is actually larger, with close to 440,000 employees, 70

Evolution of Mass Communications Essay examples - 1151 Words

The evolution of mass communications has gone through major developments; from etching the beginnings of an alphabet into a rock the size of a standard dinner table to letting a computer recognize words spoken into a speaker as it types away what it hears. Dating back to around 1700 B.C. when the first alphabet was said to come into existence, society has come far in different fields of communications. Nothing made as large of an impact in the world of communications as the revolution of the Internet. Although the impact has been large, the Internet was certainly not the first to revolutionize communications. When many cities started to arise and become industrial-based, there became a need for more technological advancements. When there†¦show more content†¦Parchment was stretched thin goatskin and held writing well but the animal needed to be killed in the process making it hard to mass-produce it. Paper was created after papyrus and was much cheaper. Although it was anoth er creation that took a long process to make, it did its job better than its predecessors because it was easy to transport which meant more communication and could withstand all temperatures. The alphabet was a major development that revolutionized writing. Without the alphabet, we wouldn’t have the basics of the Internet, as we know it today. The keyboard is an essential to any phone, computer or tablet. Without the alphabet, there would be no keyboard. The alphabet is used to record information on computers and those similar devices. The thing that makes the alphabet so important to communication is that there will never be a substitute. For example, with a newspaper, there will always be some kind of substitute because tablets can display an entire newspaper on a screen but there isn’t and most likely will never be a second form of the alphabet. Printing was another innovation that changed writing and influenced the Internet. Johannes Gutenburg invented the printing press but changed the writing world with moveable type. He provided fuel for writings major progressions. Prior to the Renaissance, there were few books and the church wrote most of them. Books being printed meant for more peopleShow MoreRelatedMass Media Influence On American Culture878 Words   |  4 PagesMajor developments in the evolution of Mass Media The new era of technology led to major developments in the evolution of mass media, worldwide. In our society, we originally communicated orally before the Internet and wireless devices existed. Individuals relied on traditional forms of mass media, such as the television, radio, newspapers, and magazines, to attain knowledge of the outside world. Thereafter, the development of new forms mass media evolved, and we were introduced to the InternetRead MoreEarly Triage Systems : An Organization Of Sorting Or Classifying Client Into Levels Of Care1697 Words   |  7 Pagesorganization of sorting or classifying client into levels of care according to their severity of illness or injury. There are many aspects of triage including the prioritization process, communication and the ethical issues faced by the professionals who carry out these orders. This process is usually associated with mass casualty events but is utilized every day, everywhere in emergency rooms all across the globe ( Ignatavicius Workman, 2013, p. 111). Early triage systems were created for use duringRead MoreModern Technology1463 Words   |  6 Pagesto almost everyone in the modern era living in the United States, since it is a first world country, everybody living in the country at one point has interacted with a piece of modern technology. The evolution of technology in the last two decades has been exponentially fast, changing evolution of almost an entire generation in the way that they view things and interact with the world around them. Things such as virtual reality have become attainable when they were only figments of the imaginationRead MoreMedia and Mass Communications Development on a Healthy Mature Culture1200 Words   |  5 PagesMedia and Mass Communications development on a Healthy Mature Culture This argumentative essay is specially made to discuss the possibility for media and mass communication to nurture the development of a healthy, mature culture. Overall, the process of media and mass communication media development has already caused changes in the public sphere. The digitalization of media dramatically increases the chances of the people to get an access to the information, which is transferredRead MoreThe Effects Of Mass Media On American Culture951 Words   |  4 PagesEffects of Mass Media Introduction Why is mass media influencing the American culture? This is what we are going to be discussing in this essay. It’s important that we understand where the media has come from and where it is now and the journey that it is taking the American culture in the last century. America has now explored what un-traditional media and it has a major impact on the culture called new media. What were the major developments in the evolution of mass media during theRead MoreOnline Social Media: YouTube Essay980 Words   |  4 PagesYouTube Mass communications have evolved over the years, especially in social media. The public sphere relies on social media as an informational channel, business growth, and peer-to-peer connection. One of the trends that continued to prosper is YouTube, an online social media video platform. As Benkler states â€Å"social production is a fact, not a fad. It is a critical long term shift caused by the Internet† (2005). This paper will review the current state, evolution, development, and implicationsRead MoreThe Effects Of Modern Mass Culture On Modern Society1304 Words   |  6 PagesAdvertising is one of the most common types of social communication and an integral element of modern mass culture. It was the product of the development of market-oriented economic culture production methods, gradually, as the development of information technology in the process of historical evolution, becoming one of the most important social institutions of modern society. The study of nonverbal communication was engaged by scholars such as A. Pease, E. Hall, R. Berdvistell, G. Wilson, M. L.Read MoreEmergence of Globalization Phenomenon1521 Words   |  6 Pagesfaster and reliable communications which act as a medium for growth, productivity and social interaction. Different technologies developed fairly independently like computers, satellite TV, print media and telegraphy have fused together to form the global communication network. The proliferation of information and communication technologies (ICTs) and the possibility of wire and wireless almost everywhere, no spot on earth is apparently left untouched by global communication. The internet is theRead MoreEssay On Mass Media777 Words   |  4 PagesAhsha Rolle 8/28/2017 HUM/186 Allyson Wells Mass Media: Development and Literacy Assignment What were the major developments in the evolution of mass media during the last century? In the 19th and early 20th centuries, Americans received their news through newspapers and magazines. Television journalism has just taken over in the last 50 years. Today, the internet makes information and news available at the click of a button. The internet also plays a role in politics, and candidatesRead MoreThe Evolution Of Mass Media786 Words   |  4 Pages The Evolution of Mass Media De’Boria Claiborne-Lowery University of Phoenix HUM/186 Instructor Allyson Wells December 4, 2017 The Evolution of Mass Media The mass media are critical players in the American political system. Media is seen in many forms nowadays such as television, radio, social media, newspapers, magazine, etc. The media affects people in varied ways, some are positive and others are negative. A positive aspect

The Stage Of Life Essay Research Paper free essay sample

The Phase Of Life Essay, Research Paper Baby: This is the phase of unrecorded that goes from the minute you are born to a certain age, when you start to travel to school. During this phase of your life you develop some accomplishments that will play the cardinal portion of your life. Like to walk, to speak, to eat, and a batch more things babes learn at place before they go to school. I don non retrieve most of my life during this phase if I started believing about the past the deepest I can make in my memories is the things that I did during my first old ages in school. Schoolboy: this is a really of import phase of life, during this phase you receive the accomplishments to be a great individual in the hereafter but most of import you receive an instruction, it doesn? t mater to what school you go, all of the schools should supply a great instruction. We will write a custom essay sample on The Stage Of Life Essay Research Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Well I started this phase when I was six old ages old, I went to different school during my kinder and ended in Cumbres Institute when I was in 2nd class of simple school, I have stayed there until now. The class that I have like the most is first of junior high because I went to Wisconsin. Lover. I think this phase of unrecorded comes with the celebrated pubescence, because you begin to wish people from the other sex, you start to be more with them, and some times to wish them so much you fall in love with them I think that during this phase, we learn to handle individual from the other sex and to appreciate what they are, this phase doesn? T comes at the same clip for everybody but it is between 12 and 20. Soldier. I think this phase refers to a mature individual that has come out of college and H vitamin E or she is ready to became a soldier in the conflict of life, a individual that now has to take attention of his or her ego, a individual that states to walk the rap of life, gets a occupation, meets people, gets married, have child? s, organize a household, a soldier is a individual that is ready to contend for their rights and to seek ever to make better and to assist others. Justice. This phase comes when you already contend for a topographic point in society and now comes the minute to give the chance to other soldiers to make the same, and to be just whit them, to learn them how to last in life, particularly to our boies. I think that my pa is now in this phase because he has already his company and gives the chance to other immature people to be a soldier of life. Wise. This is a short phase of life that comes between justness and old adult male, during this phase you finish all your working, you stop working and merely convey your cognition to other people to go on with your work in life, at the terminal of this phase you retired, and eventually rest to the last minutes of your life. During this phase you enjoy of your work during your life. Old adult male. This is the concluding phase of live of a individual, during this phase you rest until Gods calls you to his glorification, you spent most of your clip with your household and relations, some times you become a small obstinate but it is all right we understand, when this phase ends your life ends, I hope that when you get to that phase and you look to your life you will be really pride of yourself for what you did. Bibliography microsft encarta English literature book gold edition

The Reconstruction Essays - Reconstruction Era, Black Codes

The Reconstruction The Reconstruction held out the promise to rectify racial injustices in America. The Reconstruction, rising out of the Civil War had as its goals equality for blacks in voting, politics, and use of public services. Even though movement, was born of high hopes it failed in bringing about their goals. Born in hope, they died in anguish, as the movement saw many of their gains washed away. The Reconstruction came after the Civil War and lasted till 1877. The political, social, and economic circumstances after the Civil War defined the goals of Reconstruction. At this time the Congress was separated politically on issues that grew out of the Civil War: black justice, rebuilding the South, readmitting Southern states to the Union, and deciding who would control government. Newly freed slaves wandered the South after having left their former masters, and the white population was morally devastated, troubled about what laid further on. After the Civil War, a variety of political groups were scrambling to further their agendas. They also wanted to limit the rights of blacks to move, vote, travel, and change jobs. Republicans wanted to follow a policy of understanding between the North and South, but at the same time make sure slavery was abolished Republicans, comprised of Northern politicians, were strongly opposed to slavery, unsympathetic to the South, wanted to protect newly free slaves. At the end of the Civil War came President Andrew Johnson. His major goal was to unify the nation. The Black Codes and President Johnson's veto of all Reconstruction legislation that was unfavorable to the South caused Moderate and Radical Republicans to change their goals from just ending slavery looking for political fairness and voting rights for blacks. The new goals were based on humanitarian and political considerations. Northerners had grown more and more understanding of the troubles of the blacks in the South following many well-publicized incidents in which innocent blacks were harassed, beaten, and killed. The extension of suffrage to black males was a political move by the Republicans in Congress who believed that blacks would form the stamina of the Republican Party in the South. Few blacks held elective offices in the South's population. And those in office usually did not exercise the power, which during Reconstruction continued to reside with Moderate and Radical Republicans in Congress emancipated slaves had little to do with either fashioning Reconstruction policy or its implementation. The leaders of the Reconstruction failed to understand that without economic justice blacks would be forced into a dependency on the white power structure to protect their rights and when these rights no longer served the interests of this power structure they were easily stripped away. Reconstruction Acts and Constitutional Amendments offered little protection to stop this stripping away of black political rights. The Reconstruction leaders failed to understand the relationship between political rights and economic power; if they had they might not have discarded measures that could have provided former slaves with the economic power to continue their political rights. The Reconstruction left blacks with no economic support, dependent on others for their social and political power. The Reconstruction, when those political alliances did not serve the needs of the whites in power, blacks was deserted and they're political and social goals wiped out. Though, the Reconstruction held out great promise and hope to blacks in America, it failed to achieve their large goals and in following decades much of their accomplishments washed away. Yet, it brought major permanent changes. The Reconstruction ended slavery. The failing of the Reconstruction is not as simple as racism, politics, or individual events; to single out one to explain such complex periods gives an unfinished picture of both history and the nature of racism.