Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Management Theories Expert

In mid February 1994, the British paper, the Sunday times ran on article which alleged that a 1 billion sterling ($ 750 M) sale of equipment by British companies to Malaysia was secured only after bribes had been paid to the Malaysian government officials and after the British overseas development administration (ODA) had agreed to approve a 234 million sterling grant to Malaysian government for a hydroelectric dam of (according to Sunday times) dubious economic value. The apparent implication was that UK officials, in their enthusiasm to see British companies win a large defense contract, had yield to pressures from the “corrupt” Malaysian officials for bribes – both personal and in the form of 234 million sterling development grants.

What happened after that took everyone by surprise. The Malaysian government promptly announced a an on the impact of all British goods and services to Malaysia and demanded an apology from British Government. Officially the ban applied only to government orders for British goods and services; the private sector was free to busy as it chose. Though, British companies with experience in the region were nervous that the private sector would follow the government’s lead in shunning British products. At stake was as much as 4 billion sterling in British exports and construction actions in Malaysia and a presence in one of the world’s fastest growing developing economies (that is, Malaysia’s economic growth has averaged 8% per annum as 1989). In announcing the ban, Malaysia’s Prime Minister, Dr Mahathir Mohammad, noted that the British media portrays Malaysians as corrupt because “They are not British and not white”…And “we believe the foreign media should learn the fact that developing countries, comprising a country led by brown Moslem, have the capability to manage their own affairs successfully”.

The British government responded by stating, it could not tell the British press what and what not to publish, to which Dr Mahathir replied there would be ‘no contracts for British press freedom to tell lies’.

At similar time, the British government came beneath attack from members of parliament in Britain, who suspected the government acted unethically and approved the ODA hydroelectric grant to help the British companies win orders in Malaysia.

problems:

1)  If you are the CEO of a British company which now faces the loss of a lucrative contract in Malaysia because of the dispute? What action must you take?

2) How do you think British government must respond to the Malaysian action?

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M9210

Have any Question? 


Related Questions in Management Theories

Assignment lasa- ikea analysis reportwhat is values-based

Assignment: LASA- IKEA Analysis Report What is values-based service? How can a company create value for customers and other stakeholders? Values-based service is defined as service that is firmly based on the core compan ...

What is the capability maturity model integrated cmmi and

What is the Capability Maturity Model Integrated (CMMI), and which organization is responsible for its development? What is systems accreditation? What is systems certification? What industry standard requires system cer ...

Assignment - case studyassessment taskthe goal of knowledge

Assignment - Case Study Assessment task The goal of Knowledge Management (KM) is to increase the quality of the contributions people make to their organizations by increasing their motivation: helping people to take resp ...

Analysis and synthesis of prior research paperprepare an

Analysis and Synthesis of Prior Research Paper Prepare an academic paper (5-7 pages not including cover page or references) in APA format containing analysis and synthesis of prior research, which will be posted to the G ...

Team building project - team communicationyour new team for

Team Building Project - Team Communication Your new team for Health Care, Inc may consist of team members from different locations. Construct a plan that ensures a virtual team's performance will meet the team's goals. Y ...

Assignment research relevant articles and write a 2-page

Assignment: Research relevant articles and write a 2-page Reflection (single space, 12-point Times New Roman font) on "Trump and Supply Chains." To help you start, two articles and their links are provided below. Your sc ...

Imagine your manager has requested that everyone in the

Imagine your manager has requested that everyone in the company take the StrengthsFinder test. Now, your manager has asked you to put together a training tool on how to best coach and develop employees in the decision ma ...

Read the article attached and complete a 1-2 page article

Read the article attached and complete a 1-2 page article review. The article review should include the following: Summary of the article. What the key points of the article. What are the top three items you feel are imp ...

Of the professional organizations discussed in this chapter

Of the professional organizations discussed in this chapter, which is focused on auditing and control? What is the stated purpose of the SANS organization? In what ways is it involved in professional certification for In ...

Complete the following three-part assignment in a microsoft

Complete the following three-part assignment in a Microsoft Word document. Step 1 of 3: Provide your opinion on one of the following issues, in at least 50 to 75 words. Health care system Climate change National debt Ask ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro