1.

Imagine that you are the finance manager in control of purchasing for a small
manufacturing company. Your supplier in Russia tells you that there are two
quotes, one for payments in US dollars by wire transfer or check and one for a US
dollar cash-like transaction. The cash transaction is almost 10 percent cheaper,
which could earn your firm a nice profit and a potential year-end bonus for you.
How do you handle the phone call and the decision? Discuss the ethical and business
issues involved. If you decide against the cash-like transaction, do you tell your
senior management? What do you recommend to your management about future
dealings with this supplier? Russia is one of the most corrupt countries for
businesses. What options does your firm have if it needs to source from Russia? Use
fxstreet.com (http://www.fxstreet.com/rates-charts/) to research and discuss more.

In this scenario, because our supplier is from Russia, which is the most corrupt country in
the world for business. With my recommendations, I will offer both of the supplier's
possibilities. In this instance, I believe that all transactions should be done in black and
white alone. This will ensure that all of our financial dealings with our supplier are
documented so that our purchase can be verified. We will be in a better position in the
future if our supplier has a problem with a product we are selling.upplier is from Russia,
which is the most corrupt country in the world for business. With my recommendations, I
will offer both of the supplier's possibilities. In this instance, I believe that all transactions
should be done in black and white alone. This will ensure that all of our financial
dealings with our supplier are documented so that our purchase can be verified. We will
be in a better position in the future if our supplier has a problem with a product we are
selling.

2. Imagine that you are a consultant for McKinsey & Company, and you are assigned
to the team advising Walmart on selecting and entering new markets in Africa and
Latin America. You were also recently a member of the team that advised the
United Nations on a new strategy for the Global Compact. How would you link
these two consulting projects, and how might it impact the advice you give to
Walmart?
The UN Global Compact is a non-binding agreement that aims to encourage businesses
and organizations all over the world to follow policies that are environmentally friendly
and socially responsible. Participants from all around the world are welcome to join this
organization as long as they live by the organization's ten (10) principles. I, on the other
hand, work for McKinsey & Company as a consultant. My role includes advising
Walmart on how to identify and penetrate new markets in Africa and Latin America. As a
result, I feel that if I accept this consulting project while also being a member of the UN
Global Compact, there will be no conflict.
The advise I will give to Walmart will undoubtedly be in keeping with the Global
Compact's principles and values. Human rights, labor, the environment, and anti-
 corruption are among their guiding ideals. As a consultant, I'll make sure that Walmart
follows these rules in the course of doing business. My membership in the Global
Compact has affected my decision to apply corporate social responsibility, and as a
result, before making any management decisions, I will advise Walmart to take these
principles and values into account as well. I'd also ask the CEO of the company if they'd
like to be a part of this group so that they could work together. Africa and Latin America
are both part of the global accord. Walmart may use the Global Compact's networks to
engage with other businesses and others on a local level and obtain advice on how to put
their sustainability commitments into action. There are reports that Walmart has faced
ethical issues such as worker compensation, gender discrimination, and worker
healthcare, but I believe that this will give them the opportunity to correct and improve
these areas in order to comply with the Global Compact's principles and values, as well as
the principles and values of the Global Compact.

Discuss whether any benefits would accrue to the Global Compact.

In order to help businesses understand what it means to do business responsibly, the
Global Compact is urging more companies to join them. Walmart's decision to expand
into Africa and Latin America would aid Global Compact in that it would meet the
market's needs by delivering more goods and services. Everyone, according to the
organization, has a role to play in ending extreme poverty, fighting inequality and
injustice, and protecting our planet. In this process, all aspects of society and business
must play a significant part. If Walmart decides to join the Global Compact, it will be a
huge help to the organization in achieving their global development goals.

Explanation:
To answer the above questions, I imagined myself as a member of the UN Compact
Global organization while also working as a consultant for Walmart Retail Company. I
did my homework on the two organizations' missions, visions, and ambitions to make
sure there would be no conflicts if I took the job as a Walmart consultant. As a result, I've
come up with the above-mentioned responses.

3. What could be the effect of that global crisis in our country?

Quarantines imposed by the government, as well as school and business closures, have a
substantial impact on the supply chain, which has a negative impact on both the industry
and the economy of the country. Inflation and the country's failure are conceivable
outcomes when a government fails to aid its enterprises in other countries. In order to
control inflation and maintain logistical lines, Covid 19 forced banks to adopt drastic
measures. Because a country's general elections are equally vital, rather than acting in a
haste that may exacerbate the country's economic problems, our government should take
prudent, well-thought-out efforts to lower inflation and maintain its currency.
Explain. In terms of our present Capital Market restructure, do you think our
country could sustain innovation internationally? Explain
No. I do not believe that our country can sustain its innovation globally because the
supply chain has been disrupted, and its attempt to expand globally could result in a
major failure in the country's economy, which is already weakened as a result of the
Covid-19, which resulted in lower profits as businesses and schools were closed or
working hours were reduced as a means of containing the spread of the disease. Despite
the fact that our country's economy is stronger than many others, it should keep the cash
set aside for international usage to a minimum to ensure that what remains in our country
can support our economy.