Case 8: Altay's research investigating the international expansion strategies of hospitality firmsAltay's research is investigating the international expansion strategies of hotel chains. His research access has been facilitatedwith the help of a gatekeeper who was the Vice President of a hotel chain, with the agreement that his data collection wouldbe supported for the next two years. Altay was introduced to the informants by the gatekeeper during his first visit to theorganization. The gatekeeper also wrote a memorandum to all the key informants who contribute to the internationalexpansion decisions both at the corporate and country levels. One month into the data collection process, the gatekeeperhad to leave the organization.Questions1) How did Altay's research benefit from having a gatekeeper? What else could he do in order to facilitate research accessrather than relying solely on a gatekeeper?2) How could he maintain the research access after the departure of the gatekeeper?3 3

This case study delves into Altay's research project, which focuses on examining the international…

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Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts fora period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at theSA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restrictedsuppliers. The restriction will apply to any other contract for services awarded to Bain & Co in thepublic sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, SouthAfrican Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it fromcompeting for state contracts for three years.Source: Cronje, J. 2022. Treasury bans Bain and Co. from public sector contracts for a decade.Available from:…
Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts fora period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at theSA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restrictedsuppliers. The restriction will apply to any other contract for services awarded to Bain & Co in thepublic sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, SouthAfrican Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it fromcompeting for state contracts for three years.Source: Cronje, J. 2022. Treasury bans Bain and Co. from public sector contracts for a decade.Available from:…
Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. With a relevant example, explain uncertain decision-making conditions with application to Bain and Company. Discuss the growing…
Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. With application to managers at Bain and Company, discuss the importance of technical skills. please as
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Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. Analyse any two sources of managerial stress applicable to Bain and Company.
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An international business conducts for profit transactions of goods and services inside the country. * True False
Tesco's international foray began with its entry into Ireland in 1979 through the acquisition of a 51percent equity stake in 3 Guys stores owned by Albert Gubay . In 1986, Tesco divested itself of its stakein the stores when it found that customers were rejecting the British products sold there... By treatingthe market as an extension of the UK operations, they neglected to adapt to local Irish tastes andsuppliers which resulted in a general distrust on the part of the local consumers due to the fact therewere few Irish products offered for sale (Palmer, 2004). Like Walmart would do in Germany, they alsomade a poor choice in their wholly owned purchase as the stores they acquired were mostly in poor,less densely populated locations not well suited for Tesco’s products. Tesco sold their stores to an Irishsupermarket chain in 1986. Interestingly, Tesco re-entered the Irish market in 1997 with the purchaseof another food retailer, this time securing the position as largest food retailer…
1 - Baxter Publishing sought to reduce expenditures related to the printing of books in its trade and educational market and contracted with a printing company in China. However, the publishing company soon realized that China has weak enforcement of intellectual property laws and that gray market books began appearing in the marketplace, which greatly affected Baxter's profits. The company found that it had little recourse against the contract manufacturer and learned a very difficult lesson in international marketing. This exemplifies the impact of _______ forces on international business. technological competitive ethical and social responsibility political, legal, and regulatory
Define agency problem? Explain different mechanisms to minimize the agency problem of a business enterprise in Bangladesh, label some high cases from Bangladesh.
The Foreign Corrupt Practices Act (FCPA) prohibits U.S. businesses from paying bribes openly or using a middlemen as conduits for a bribe True or False

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