Shakedown Circumstance

 Essay upon Shakedown Case

CASE STUDY: SHAKEDOWN

Statement with the Problem:

What ought to Zhuk perform to keep his business and also to avoid extortion from authorities officials? Objectives:

To provide solutions on how corporations in Ukraine can battle corruption and face hazards of extortion. To apply business ethics and corporate social responsibility Alternative Methods of Action:

a)Pay – Extortion

Zhuk pays off the Ukraine Tax Expert officials. In the end, he would certainly not be downloading copyrighted movies if this individual did so. He may be a victim of extortion and succumbing to not necessarily a crime. He will probably consider the bribes since additional taxes he has to pay for doing business in Ukraine and carry on with his company. He will be able to provide jobs for residents as his employees and keep all his long term investments in Ukraine. In the event he allows himself to be a victim of extortion this may lead to further bribery and harassment in the future. He may be placing the business towards the hands of corrupt authorities officials. This will place his company in a bad organization environment b)Pull Out - Quit Business in Ukraine

In the event that Zhuk pulls out he would not bring about corruption nevertheless he will quit his aspire to establish a company in Ukraine. He will become responsible to his local employees that will lose their particular jobs. He will probably also deprive the improvements in the application industry in Ukraine when he pulls set his company. Conclusion and Recommendation:

American business people generally prefer to execute business in a way that's like US and native law. They can prefer never to make illegal payments to anyone. Zhuk may have a problem in imposing his cultural values in others, particularly in Ukraine where bribery is not illegal. Nevertheless , if it's his desire to create opportunity, to bring hope, and to help make a modern society, this individual should not allow himself to become a victim of extortion which may lead to additional bribery and harassment in the foreseeable future. He will become placing the organization to the hands of damaged...


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