Thursday, February 28, 2019
International Joint Venture Stakeholders
As for the media reports on possible child labor and substandard wages, lets draw off an old newspaper saying Never pick fights with anyone who buys ink by the barrel. That is, as a CEO, I would not pick fights with the media, only to dissemble promptly, discuss the issue with the CEO of Mitsamatsu, and correct the inaccurate news without hurl blame. There is no doubt that whichever the decision I make depart ultimately effects the shargonholders. However, it would beneficial in every aspects to join Mitsamatsu partnership if they atomic number 18 truly a legit corporation it could also have a very negative effect if the accusation are true. union meditation with Mitsamatsu with clear shareholders if it is a legit company, just now if indeed the accusation is true, it could compromise the U. S. -based corporation for the worse. I would first hold off on any commitments until all the exposit are on the table and thither is clear evidence there are no illegal and/or immora l activities taking place. A meeting with the appropriate officials would definitely be the agenda and once clarifications are make, the appropriate decisions could be acted upon. Not only the shareholders will be bear upon with the decision, it will also directly affect the employees of the U.S. corporation. Without clarification with evidence the employees would stay anxiety and depression, also feel in a state of instability, because their forthcoming would depend on the final decision of the joint venture. If joint venture is legit and processed, it could mean more jobs and withal expanded opportunities for advancement of position and give birth for the current employees. But if joint venture goes through and indeed the accusations are true and the news hits the markets and the stocks, it could lead to a luck of loss in profits, which would in turn mean more cuts, and loss of jobs.In order to pr eveningt employees from going into panic mode and spreading rumors and decrea sing productivity and increase errors, I would set up a temporary department to name and address the employees needs and to answer all their questions. Also a department relaying up to date information to employees and shareholders would keep everyone at easy and abreast with all the new developments so they do not waste time flavor for untrue information elsewhere. The decision could also affect employees in Asia. Joint venture could also mean more jobs in Asia and maybe even higher pay for them and more positions available.If joint venture does not go through and accusation are true, it may mean a lot of employees in that company may end up losing their jobs as well. hitherto though they may have not been being paid nice they were still making money to make ends meet and that cut could be detrimental to the employees there as well as their families. They may even get reimbursed for loss or unfair pay in the prehistorical if appropriate legal actions can be taken, but some emp loyees have it away sidereal day to day for just even food in exterior countries and the delay of income may also affect them negatively.If the joint venture is made there may be opportunities for employees from the US working in ASIA but under unstandardized conditions, which may not be at the best provoke of the employees. True, sending employees to Asia will open up more job positions, but it will be very risky if there are no standards set there. A good corporation at the end of the day wants what is best for their shareholders and employees.
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