What is the probability that your management directives will work? Use this to answer the Question in the the topic. Also can use outside sources if needed
Company HQ in Atlantic OceanYou have two equity positions. One in US and one in China. You are to write a report outlining 10 management policies and practices for your global company. These policies must reflect what you have learned in the text. You are to provide at least 7 sources to support your selected policies and practices. You must prove why these policies are sound and should be implemented immediately.
Your team is in the green energy sector. It is solar. Your company sells solar panels. Your company grosses approximately $1 Billion U.S. Dollars per year.
The current composition of the team is the following:
US-250 non-managerial employees in NYC125 workers are American Citizens; the rest–1/2 from China and 1/2 from various countries in the EU– Management team is comprised of 5 Chinese citizens and 25 American citizens
China-250 non-managerial employees in Beijing-125 workers are Chinese citizens; the rest are from several small nations in the EU, Brazil, Japan, and Africa–Management team is comprised of 5 Chinese citizens, 15 Americans, 5 Sudanese, and 5 Russians.
Problem: CNN has reported that there have been several troubling labor and corruption practices of the company that violate the laws of each country. The labor infractions involve child labor, unfair wages, improper storage of waste materials, and reneging on various promised perks. The corruption charges alleged are that the company has bribed multiple high ranking officials to discourage competition and to overlook its intellectual property theft.
Once the news was announced, stock prices and service demand have plummeted by 15%. Your management team at HQs has been tasked to deal with these issues on both sides of the ocean. The proposal and presentation will be given to the CEO. The team will also be called upon to present. After that, the corporate board will review, and a vote will be taken to determine if the new management policies will be enacted. Fortunately, all members on the board speak English such that it is not necessary to provide a report in Chinese. However, your team would have obliged if necessary. You have also found out that a company based in Sudan reported these infractions. This company is aggressively seeking to increase its market share. Currently, your company has 75% of the market cornered.
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