Strategic Management 4e
Strategic Management 4e
4th Edition
ISBN: 9781260779646
Author: Frank T. Rothaermel
Publisher: Mc graw hill
bartleby

Concept explainers

Question
Book Icon
Chapter 12.4, Problem 6CC
Summary Introduction

Case summary:

The case explains about the massive growth of company U which made them get global recognition and the problems associated with company U. The valuation of the company is $8 billion in 2017. Despite the massive growth, the firm faces many ethical challenges due to lack of following ethical principles in its operations.

The company is said to disregard laws, rules and regulations in country U, following dynamic pricing system, poaching drivers, disregarding their own drivers, attacking critics, poisoning competitors goodwill and not responding properly to the lawsuits.

The problems of the company multiplied due to the lack of proper governance which made the CEO Person K resign. After his resignation, the company was expected to improve its ethical system and recover from its lawsuits. However, company U has its future for introducing self-driven vehicles.

To determine: What would company U and Person DK has to accomplish to take the company public and list the challenges and recommendations to new CEO.

Blurred answer
Students have asked these similar questions
I just started out as a junior executive in the purchasing department of my organization. My boss has spent fifteen years in this department. One day while I was in a meeting with my boss and a potential vendor, I see my boss accepting a large yellow envelope and tucking it quickly into his pocket. This concerns me because I suspect the vendor is a member of a local gang. I have also heard that this person has a criminal record and has a history of bribing local businesses to gain accounts. However, due to a lack of evidence, that person has never been charged. I ask my boss about that individual, and he told me not to worry about it. I’m wondering whether I should report this incident to human resources or my organization's legal department or not.   What choices did you have prior to hearing your boss's explanation of the envelope? What would you have done and why? Given what the boss later responded about the envelope, how did that explanation impact your thoughts, choices, and…
What can a leader do to win or regain the trust of their teams again in a scenario where the relationship was damaged for one reason or another? What steps can leaders put in place to create that perception of trust?
What strategies can organizations implement to promote leaders who are openly self-critical and build trust, particularly in cultures characterized by fear and competition? How can these strategies be modified for smaller companies or industries outside of technology?
Knowledge Booster
Background pattern image
Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Understanding Business
Management
ISBN:9781259929434
Author:William Nickels
Publisher:McGraw-Hill Education
Text book image
Management (14th Edition)
Management
ISBN:9780134527604
Author:Stephen P. Robbins, Mary A. Coulter
Publisher:PEARSON
Text book image
Spreadsheet Modeling & Decision Analysis: A Pract...
Management
ISBN:9781305947412
Author:Cliff Ragsdale
Publisher:Cengage Learning
Text book image
Management Information Systems: Managing The Digi...
Management
ISBN:9780135191798
Author:Kenneth C. Laudon, Jane P. Laudon
Publisher:PEARSON
Text book image
Business Essentials (12th Edition) (What's New in...
Management
ISBN:9780134728391
Author:Ronald J. Ebert, Ricky W. Griffin
Publisher:PEARSON
Text book image
Fundamentals of Management (10th Edition)
Management
ISBN:9780134237473
Author:Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:PEARSON