Professional Documents
Culture Documents
Venture
1 Context and Overview:
Case Focus: Ankur Grover, a sales account manager at Medical Equipment Inc.
Location: Saudi Arabia.
Core Challenge: Securing a US$725,000 order for medical equipment in a competitive
and ethically complex environment.
2 Key Elements of the Case:
Case Study
3
Cultural and Business Dynamics:
Intersection of ethical standards of Medical Equipment Inc. and local business practices
in Saudi Arabia.
Emphasis on cultural nuances and their impact on business dealings.
4 Objective of the Case Study Analysis:
To employ a structured approach for decision-making.
5 Significance:
Balancing ethical integrity with business goals.
Navigating global business practices and cultural sensitivities.
1 Option A:
Continue ethical persuasion and negotiation, emphasizing
Identification of 2 Option B:
Offer non-monetary incentives within ethical boundaries,
Options
like a showroom visit.
3 Option C:
Seek intervention from higher management at Medical
Equipment Inc. for strategic negotiation.
4 Option D:
Accept the potential loss of the deal, maintaining ethical
standards and company reputation.
1 Ethical Integrity:
Adherence to the company's ethical code and general
business ethics.
3 Cultural Sensitivity:
Consideration of the business and cultural environment in
Saudi Arabia.
4 Risk Management:
Evaluation of potential risks, including legal implications and
reputational damage.
1 Option A:
1. Ethical Integrity: High, as it aligns with the company's code of conduct.
2. Business Viability: Medium, given the existing relationship between the client and the competitor.
3. Cultural Sensitivity: Medium, requires understanding of local business practices.
4. Risk Management: Low, as it involves standard business practices.
2 Option B:
Criteria-Based 1. Ethical Integrity: Medium, depends on how the incentive is framed and executed.
2. Business Viability: High, as it could be an attractive proposition for the client.
Analysis 3. Cultural Sensitivity: High, aligns with relational aspects of Saudi business culture.
4. Risk Management: Medium, requires careful documentation and transparency.
3 Option C:
1. Ethical Integrity: High, involves company's internal decision-making.
2. Business Viability: Medium to High, depends on management's influence and strategy.
3. Cultural Sensitivity: Low, as it may not directly engage with local business customs.
4. Risk Management: Medium, could involve complex negotiations and strategies.
4 Option D:
1. Ethical Integrity: High, maintains strict adherence to ethics.
2. Business Viability: Low, as it likely results in losing the deal.
3. Cultural Sensitivity: Low, may not align with local expectations of negotiation.
4. Risk Management: High, as it avoids any potential ethical or legal pitfalls.
Recommended Decision
Proposed
showroom for the key decision-makers, highlighting the latest technologies
and innovations.
Actions If the situation becomes more complex, involve higher management from
Medical Equipment Inc. for strategic support.
4 Continuous Monitoring:
Regularly assess the situation for any changes in dynamics or opportunities
to leverage.