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book Essentials of Contemporary Management 7th Edition by Gareth Jones,Jennifer George cover

Essentials of Contemporary Management 7th Edition by Gareth Jones,Jennifer George

النسخة 7الرقم المعياري الدولي: 978-1259545474
book Essentials of Contemporary Management 7th Edition by Gareth Jones,Jennifer George cover

Essentials of Contemporary Management 7th Edition by Gareth Jones,Jennifer George

النسخة 7الرقم المعياري الدولي: 978-1259545474
تمرين 21
THE WALL STREET JOURNAL CASE IN THE NEWS [LO 1-1, 1-5, 1-6]
Volkswagen CEO Resigns as Car Maker Races to Stem Emissions Scandal
BERLIN-Volkswagen AG raced Wednesday to contain the widening scandal threatening Germany's most important company, ousting its chief executive and pledging to prosecute those involved in a scheme to cheat U.S. auto-pollution tests.
CEO Martin Winterkorn's resignation follows a calamitous few days after Friday's disclosure by the U.S. Environmental Protection Agency that Europe's biggest auto maker employed software on some VW and Audi diesel-powered cars to manipulate the results of routine emissions tests.
The crisis threatens to spill beyond the auto maker to the broader German economy. Wolfsburg- based Volkswagen is as much institution as corporation at home, with nearly 300,000 employees, 29 plants across the country and deep ties to the government-Lower Saxony owns 20% of VW.
The company's next CEO faces a daunting task of cleaning up the scandal-the scope of which remains unclear-and keeping its sales expansion on track. Volkswagen hasn't yet said it knows who was responsible or how many employees were involved.
On Tuesday, Volkswagen disclosed that as many as 11 million cars contained software alleged to have duped emissions tests and were possibly subject to a global recall. THE WALL STREET JOURNAL CASE IN THE NEWS [LO 1-1, 1-5, 1-6] Volkswagen CEO Resigns as Car Maker Races to Stem Emissions Scandal  BERLIN-Volkswagen AG raced Wednesday to contain the widening scandal threatening Germany's most important company, ousting its chief executive and pledging to prosecute those involved in a scheme to cheat U.S. auto-pollution tests. CEO Martin Winterkorn's resignation follows a calamitous few days after Friday's disclosure by the U.S. Environmental Protection Agency that Europe's biggest auto maker employed software on some VW and Audi diesel-powered cars to manipulate the results of routine emissions tests. The crisis threatens to spill beyond the auto maker to the broader German economy. Wolfsburg- based Volkswagen is as much institution as corporation at home, with nearly 300,000 employees, 29 plants across the country and deep ties to the government-Lower Saxony owns 20% of VW. The company's next CEO faces a daunting task of cleaning up the scandal-the scope of which remains unclear-and keeping its sales expansion on track. Volkswagen hasn't yet said it knows who was responsible or how many employees were involved. On Tuesday, Volkswagen disclosed that as many as 11 million cars contained software alleged to have duped emissions tests and were possibly subject to a global recall.      In addition to the economic fallout, what other impact could the emissions scandal have on the company's managers? On its employees? THE WALL STREET JOURNAL CASE IN THE NEWS [LO 1-1, 1-5, 1-6] Volkswagen CEO Resigns as Car Maker Races to Stem Emissions Scandal  BERLIN-Volkswagen AG raced Wednesday to contain the widening scandal threatening Germany's most important company, ousting its chief executive and pledging to prosecute those involved in a scheme to cheat U.S. auto-pollution tests. CEO Martin Winterkorn's resignation follows a calamitous few days after Friday's disclosure by the U.S. Environmental Protection Agency that Europe's biggest auto maker employed software on some VW and Audi diesel-powered cars to manipulate the results of routine emissions tests. The crisis threatens to spill beyond the auto maker to the broader German economy. Wolfsburg- based Volkswagen is as much institution as corporation at home, with nearly 300,000 employees, 29 plants across the country and deep ties to the government-Lower Saxony owns 20% of VW. The company's next CEO faces a daunting task of cleaning up the scandal-the scope of which remains unclear-and keeping its sales expansion on track. Volkswagen hasn't yet said it knows who was responsible or how many employees were involved. On Tuesday, Volkswagen disclosed that as many as 11 million cars contained software alleged to have duped emissions tests and were possibly subject to a global recall.      In addition to the economic fallout, what other impact could the emissions scandal have on the company's managers? On its employees?
In addition to the economic fallout, what other impact could the emissions scandal have on the company's managers? On its employees?
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Essentials of Contemporary Management 7th Edition by Gareth Jones,Jennifer George
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