Ethics

Ethical behavior should not cost companies m one(a)y in the long term. However, when ethical behavior is not monitored or engrained in the corporate culture, it could cost companies much more. My company recently undergo a huge unethical event in one of the international markets. This situation has created more of a headache and implementation nightmargon than if there was already a process in place. For many years, the Korea procurement function was under trading operations; therefore, virtu ally of the approvals were made by the Senior Vice President of Operations in Asia. This created an approval conflict with no checks and balance that resulted in many moral infractions and kickbacks that have cost OB planetary (OBI) millions of dollars.
At the beginning of 2006, OBI promoted one of the New tee shirt Operators to Vice President of Operations for Asia. caper Doe locomote to Hong Kong and oversaw the operations for Japan, Hong Kong and Korea. John became very involved in all aspects of the business. He had a tremendous amount of influence: in making decisions on postings and menu content, over marketing, marketing promotions, timing, and menses of time during the year, and approval rights to what ingredients would be used in what menu items.



John even had the approval of what vendors OBI would be exploitation and for what period of time. Overall, John had influence over all aspects of the business. Unfortunately, during this time, John was able to learn the business so well that he also learned how to create additional income for himself at the get down of the Company
Our business in Asia is driven by Limited conviction Offers (LTO) sales. LTOs consist of several select menu items that are promoted for a specific period of time. They are offered to drive sales in the restaurant, but also offered to customize the menu according to consume patterns in Asia. Asian consumers tend to share menu items instead of ordering one plate for one person. Most LTOs are set up with two soups,...If you want to get a full essay, order it on our website: Ordercustompaper.com



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