International Management - Culture, Strategy and Behavior

International Management - Culture, Strategy and Behavior

It Sounds a Little Fishy

Answer 1

On the basis of the information that Scherer has learnt, it would be wise to wait and consider all the other important points. If they are favorable then Brattle should go ahead with the deal. However, in doing so they should discontinue making the payments in that this is an extraneous expense and will make the whole deal profitless for the company (Rosenthal & Masarech, 2003). In addition, the payment in the given case is being made as a non-operative matter. It is a not moral, ethical or business obligation on the company to make these payments. Since, it will be new venture the company reserves the right to decide what it deems best for the business.

Answer 2

If Scherer finds no evidence of the payments mentioned by the customer and has every evidence to believe it was a made up story, she should try and talk to the customer again. If the customer is willing to give the company the business that it brings without the payment than it is in favor of the company to continue to do business with him (Chinese Institute of Engineering, 2012). If, however, the customer wants to take advantage of the fact that a new management is changing then he should be informed very clearly that the deal he wants to lock is not possible and the company will not get involved in any under the table practice.

Answer 3

The decision whether or not Scherer should continue to make $5,000 payment for social development really depends on what these payments entail for the company. This is to say that if the purpose of the preceding company was to make these payments under corporate social responsibility to elevate its market image, then the company will have to continue (Luthans, 2009). If, however, there is no benefit to the company then in an event where the company is giving away part of its bottom line does not make sense. Once the company gets stable there is no harm in making the payments.

The Meanings and Dimensions of Culture

Answer 1

Culture is the amalgamation of values and practices that are followed by a certain group of people. Measuring attitudes on centralized or decentralized decision making, safety or risk, individual or group rewards, high or low organizational loyalty, cooperation or ...