Brown Forman Company Analysis Essay Example For Students

Earthy colored Forman Company Analysis Essay Straight up or blended, bourbon or wine Brown-Formans got a beverage for you. The Louisville, Kentucky based organization is the most popular for its reality celebrated bourbons, Jack Daniels and Southern Comfort. Its wine and spirits portion produces, bottles, imports, fares and markets a wide assortment of other mixed drinks and wines (Bel Arbors and Bolla). Yet, Brown-Forman is likewise part of a purchaser durables fragment which sells fine china (Dansk and Lenox), authentic silver adornments and individual calfskin extras (Hartmann). Level benefits in the refining business prodded Brown-Forman to build up a global nearness by enhancing into non-alcoholic regions, including in excess of 50 new markets during the mid 1990s. For the a half year finished 31/10/98, deals rose 4% to $1.02 billion. Total compensation rose 9% to $104 million. Results reflect higher deals volume deals for Lenox assortments and improved assembling efficiencies. HistoryIn 1870, George Garvin Brown saw a need structure a quality bourbon that satisfied restorative guidelines. With $5,500 of set aside and acquired cash he started J.T.S Brown and Bro. Their lead image Old Forrester Kentucky bourbon was sold in fixed glass jugs to guarantee its quality. Browns companion George Forman joined the organization and thus prompted the name being changed to Brown-Forman. The fuse of Brown-Forman happened in 1901 soon after Forman kicked the bucket. In 1904, Owsley Brown, George Garvin Browns child took a significant choice, to come into the business, hence starting a convention of family apprenticeship that proceeds right up 'til the present time. In 1933, disallowance, which prevented the underlying advancement of the organization, passed on and Brown-Forman had the option to build up bourbon as a liquor refreshment. Likewise in that year, Owsley Brown and a few other conspicuous figures of the time, set up DISCUS (Distilled Spirits Council of the US). This exchange association has been instrumental in the instruction of maltreatment of liquor. Today is still extremely unmistakable. This year additionally observed Brown-Formans first open stock issue, which gave a capital base that permitted the organization to reappear the American market with quality after the lean long periods of denial and sorrow. 1956 was another significant year throughout the entire existence of Brown-Forman as they put one of their most on the map acquisitions. They bought Jack Daniels refinery in Lynchburg, Tennessee. This has since gotten one of the most famous bourbons on the planet, and prompted the organization creating a net marketing projection of more than $100m without precedent for 1960. Since 1960, Brown-Forman has been covered with new acquisitions. These incorporate organizations, for example, Korbel California champagnes in 1965 to Moray Speyside Malt Whiskey in 1997. Other significant acquisitions during this time incorporate, The Grand Old Drink Of The South, Southern Comfort in 1979 and Lenox Inc. in 1983. In ongoing news Brown-Formans Korbel champagne was named the Official Champagne of the thousand years in an understanding came to with the Times Square Business Improvement District. Accordingly Korbel will be a patron of the Time Square Millennium Celebrations. This will ideally push up deals around there alongside the normal thousand years surge. Assessed Profit and LossProfit and Loss represent Brown-Forman for last Quarter finishing 30/04/99Figures in $000s30/04/9930/04/9830/04/97Turnover498,000461,000433,000Cost Of Goods Sold241,100229,000215,000Gross Profit246,900232,000218,000Expenses170,200160,500150,500Earnings Before Interest and Tax76,70071,50067,500Interest Expense1,8002,5003,500Income Before taxes74,40069,80064,000Taxes on Income26,00025,00024,000Net Income48,40044,00040,000Earnings Per Share0.680.630.58Profit And Loss Account Analysis:In this area we will endeavor to legitimize the above benefit and misfortune account figures on a short outline premise. Full subtleties and our thinking behind our convictions will be altogether shrouded in the following area. 1) Turnover: We have anticipated a figure of 8% development in Brown Formans turnover for the comingQuarter. This is hopeful, yet we accept that there are numerous positive elements preferring the enterprise here, including the impact of the right now solid dollar will have on profit. The proceeded with development of the Jack Daniels Southern Comfort brands, alongside the striking development in turnover of Brown Formans wines are what will keep on driving turnover. Consistent development will proceed in the Lenox assortment and the Dansk flatware extend. A potential negative impact is the current log jam in local use in the US, however we don't expect that this will materially affect the turnover development for this quarter. One thing that could counterbalance turnover development for the following quarter is the proceeded with decay of the Canadian Mist, Jack Daniels solidified mixed drink, and Old Times brands. This horrible showing may back off or shadow an in any case predicta ble turnover development rate. 2) Cost of Goods Sold: We expect that development in this figure will stay as it has for the past two years at roughly 5.2%. To legitimize this we should take a gander at the cost structure of the organization, including the deterioration and amortization of the fixed and unmistakable resources. The Assets are deteriorated over a multi year time frame, utilizing the straight-line strategy, persuading that the devaluation charges won't fluctuate a lot throughout the following quarter. Promoting costs, which are common in the Hartmann Luggage and Lenox China, 14% increments in 1998 over the 1997 figure, are charged to cost as brought about ( charged to cost following assistance has been benefited of ) or probably they are amortized over a time of 1 year or less. This implies there will be little fluctuation with respect to publicizing throughout the following quarter. The impacts on the expense of merchandise sold by deterioration and publicizing are generally steady, notwithstanding, with a questionable year in front of the dollar, the impacts of remote cash exchanges are unsure. With respect to the following quarter, the impact of outside cash exchanges will make little difference to the expense of merchandise sold. 3) Earnings before premium and duty: Expected yearly increment in working income throughout the following full business cycle (3-5 years) is relied upon to be 9.8%. Once more, we feel this is to some degree idealistic, as it was just 5.9% in the period 1997-1998, and even less ( 4.3% ) in the year prior to that. 4) Interest Expense: The intrigue cost is going to continue falling through the following quarter and the following time frame. Since 1989, the intrigue cost has tumbled from $34m to a proposed $11m in 1999. As to the following quarter, we have anticipated a weighted fall in the intrigue cost to just shy of $2m. The explanation behind these falls are just the aftereffect of changes in the organizations obligation financing structures. Since 1994, with an aggregate of $299m in long haul obligation, the general obligation figure has been decreased to $50m in 1998. With obligation decreases of this size, it is nothing unexpected why the intrigue cost keeps on falling. 5) Taxes: Because of the set up and develop nature of Brown-Formans business we don't expect any generous changes in the tax collection figure, with that we anticipate that it should stay at 36.5%. 6) Net salary: In May 1998 BFB embraced Accounting Standard (SFAS) No 130, detailing far reaching pay. The reception of this didn't materially affect the total compensation in the past 3 quarters so we don't anticipate that it should impact the last quarter of the monetary year. Thorough pay is characterized as the adjustment in value from exchanges and different occasions from non-proprietor sources. So as to break down Net pay, it is essential to think about working pay. In 1998 working pay became 14% because of solid exhibitions by the Lenox assortments and the Jack Daniels brand bundle, accordingly the Net Income rose 23% on the earlier year. The viable assessment rate in the Lenox assortments section tumbled from 47.5% to 45%, which most likely wont be the situation again this year, there front the development rates might be not as great in the following year, particularly in the following quarter. Monetary BackgroundBrown-Forman creates mostly in shopper non-repetitive territor ies. While this would show an abhorrence for financial changes it doesn't imply that Brown-Forman is excluded from such. Our Business is liable to changes when all is said in done monetary conditions, changes in purchaser inclinations, the level of acknowledgment of new items and vulnerabilities of litigation(Extract from: BF Corp SEC structure 10 quarterly report December 1998)As we can see from the above outline Brown-Formans beta is very low at .47. This would show that the organization is dependent upon significantly less hazard than the market that they exchange, and without a doubt than their principle rival Diageo. This data is imperative to consider when we are assessing monetary changes since it would seem to show that Brown-Forman are less presented to these changesEmerging Market Difficulties a threat to the US economyThe money related disturbance and financial mishaps which developing markets have encountered since mid 1997 keep on throwing a shadow over the world econom y. These economies encountering major monetary and financial challenges represent 1/3 of world yield. Albeit Brown-Forman are not a major exporterto developing business sector regions the potential for a huge impact on the US advertise still remain. In the US stressing signs, which could have a direction on the business sectors and Brown-Formans development, include:A fall in residential interest in developing markets prompting a negative effect on send out exchange. US send out development is relied upon to fall significantly more than Europe. Plato's hypothesis EssayThe development of the Consumer Durables division in the course of the most recent couple of years, as we have seen, has been acceptable, and we don't see anything that should influence its further extension. The advancement of the Lenox assortments high edge list, which incorporates china utilized in the White House, will keep on helping keep this items advertise

The Distribution of Economic and Social Resources Essay

The Distribution of Economic and Social Resources - Essay Example The exposition The Distribution of Economic and Social Resources examines the article Families on the Fault Line: America's Working Class Speaks about the Family, the Economy, Race, and Ethnicity by Lillian B. Rubin who recognizes four distinctive common laborers families: white, dark, Latino and Asian. They share a lot of practically speaking battling with brutal real factors of life and social issues. The three fundamental subjects spread social, social, and financial changes which influence these families. A significant worry of social believing is to distinguish the idea of these relations and to follow their social and political impacts. Considering social variables, Rubin reveals social real factors structure the scenery for people in the future. For example, Rubin clarifies that white ethnicity has profound roots and is firmly associated with mental and political variables. The creator underlines that new settlers including Latino, Asians, and blacks power the white common lab orers to ‘establish an open identity’ that encourages them to transcend new comers. It incorporates openings for work and equivalent compensation, preparing and childcare, and so forth. Poor training and nonattendance of equivalent open doors with â€Å"white† average workers lion's share are the fundamental elements restricting the equivalent circulation of monetary and social assets. To dissect the issue of bigotry, it ought to be referenced that bigotries are delineated as systems of state power sorted out by means of institutional structures as a component of the disciplinary intensity of state offices, yet which is dependent upon continuous contestations.

After the Storm

After the Storm For the past six months, I have been truly privileged to share my MIT experiences with all of you through the admissions blogs. Whether I talked about my classes, my dorm, my fraternity, the hacks, the research opportunities, or something completely random, I was always writing with you the prospective members of MITs Class of 2012 foremost in my mind. I hope I was able to help you get to know MIT a little better than you may have without the bloggers, because I certainly feel as though I got to know you. I wasnt expecting that to happenbut through your comments, your emails, and even your random Facebook pokes, I genuinely became attached to you guys; and I think its safe to say the other bloggers feel the same way. When Saturday finally rolled around, we were all right there with you guys mentally and emotionally, if not physically. I remember exactly how it felt to prepare myself to click that one final button, the last barrier between me and knowing whether or not I might be going to MIT. Until that moment, I never knew I could feel so much hope, apprehension, and expectation all at the same time. Last weekend, as I waited to find out whether or not certain friends of mine from across the nation and the globe had been admitted, I felt that exact same apprehension all over again. When one of those friends was accepted, her joy was my joy; when others of them werent, their sorrow was mine, too. And for the past few days, Ive been wondering about what I would blog about today, asking myself what I would have wanted to hear last year. Im not sure there is a single right answer to that question. I wish I could meet every one of you who couldnt be admitted in person and tell you, really, this is not the end of the world. I wish I could tell you all that you are all fantastic, driven people who have the potential to do amazing things with your lives. I wish I could tell you that one of the most important things in life is to be at peace with where you are and what you have, rather than keep thinking about what could have been. I wish I could tell you that MIT is not the only place where you can live your dreams. Because when that letter says, Please understand that this is in no way a judgment of you as a student or as a person, everyone at MIT Admissions really does mean that. Its just like how MIT intentionally uses the phrase not admitted rather than rejected. Its not that you werent qualified for MIT, or that your myriad achievements in high school werent good enough, or that you wont go on to do something completely revolutionary five, ten, fifty years down the road. If Matt and Ben could, I know they would admit every single one of you. I dont know if this will be comforting to any of you right now. But if you get nothing else out of the blogs, I hope you realize that admissions is more than just a job for everyone here at MIT. When we say we wish we could have offered you admissionwe mean it. To all of you waiting to hear back from other universities best of luck. Sometimes, your dreams are closer to becoming reality than you might think. Just maybe not in the way you expected.

5 Major Differences Between Public and Private Schools

Education is an important part of raising children and preparing them to live successful lives. For many families, finding the right school environment isnt as easy as enrolling at the local public school. With the information available today about learning differences and 21st-century skills, not all schools can adequately meet the needs of every student. Determining if the local  school is meeting your childs needs or if its time to switch schools can be challenging. As public schools face budget cuts that lead to larger class sizes and fewer resources, many private schools continue to flourish. However, a private school can be expensive. To decide if its worth the investment, examine these major differences between public and private schools.   Class Size Class size is one of the major differences between public schools and private schools. The class size in urban public schools can be as large as 25 to 30 students (or more),  while most private schools keep their class sizes closer to an average of 10 to 15  students, depending on the school. Some private schools publicize a student-to-teacher ratio, in addition to, or sometimes in place of, an average classroom size. The student-to-teacher ratio is not the same as the average classroom size, as the ratio often includes part-time teachers who may serve as tutors or substitutes, and sometimes the ratio even includes non-teaching faculty (administrators, coaches, and even dorm parents) who are part of students daily lives outside the classroom. Many private schools with small class sizes offer electives, meaning that your child will receive personalized attention and the ability to contribute to classroom discussions that foster learning. For example, some schools have a Harkness Table, an oval-shaped table that began at Philips Exeter Academy to allow all the people at the table to look at each other during discussions. Smaller class sizes also mean that teachers can give students longer and more complicated assignments, as the teachers don’t have as many papers to grade. For example, students at many academically challenging college-preparatory private schools write 10- to 15-page papers as juniors and seniors. Teacher Preparation While public school teachers always need to be certified, private school teachers  often don’t need formal certification. Nevertheless, many are experts in their fields or have master’s or even doctoral degrees. While it is very difficult to remove public school teachers, private school teachers generally have contracts that are renewable each year. Preparation for College or Post-High School Life Many public schools do a good job of preparing students for college, but some do not. A recent study  found that even A-rated public schools in New York City have remediation rates of over 50 percent for their graduates who attend the City University of New York. Most college-preparatory private schools do a thorough job of preparing their graduates to succeed in college; however, this too varies based on the individual school. Student Attitudes Because private schools often have selective admissions processes, they are able to choose students who are highly motivated. Many private school students want to learn, and your child will be surrounded by classmates who regard academic achievement as desirable. For students who arent challenged enough at their current schools, finding a school full of highly motivated students can be a major improvement in their learning experience. Meaningful Academics and Activities Because private schools don’t have to follow state laws about what to teach, they can offer unique and specialized  programs. Parochial schools can offer religion classes,  while special-education schools may provide remedial and counseling programs to help their students. Privates schools also often offer highly advanced programs in the sciences or arts. Milken Community Schools in Los Angeles invested more than $6 million in developing one of the top private school advanced science programs. The immersive environment also means that many private school students attend school for more hours in the day than do public school students, because private schools offer afterschool programs and a longer schedule. This means less time to get in trouble and more time to get involved in activities.

A Photo Tour of Common Trees in Central Park South

The Avengers Disney’s Recipe for a Blockbuster Success Free Essays

The Avengers â€Å"There was an idea called the avengers initiative, the idea was to bring together a group of remarkable people, see if they could become something more, see if they could work together when we needed them to. To fight the battles that we never could. † and â€Å"Until such time as the world ends, we will act as if it intends to spin on. We will write a custom essay sample on The Avengers: Disney’s Recipe for a Blockbuster Success or any similar topic only for you Order Now † â€Å"The tesseract has awakened† bringing forth the forefront for the action/superhero genre in the form of Disney’s The Avengers written and directed by Joss Whedon. With planning years in the making, The Avengers needed a star-studded line-up and it far exceeded expectations with selections. Samuel L Jackson as Nick Fury, the leader of Strategic Homeland Intervention, Enforcement and Logistics Division, better known as S. H. I. E. L. D. recruits the powerful, well known actors ;amp; comic book characters both on screen and off screen in Captain America (Chris Evans), Thor (Chris Hemsworth), Bruce Banner/The Incredible Hulk (Mark Ruffalo), Black Widow (Scarlett Johansson), and the â€Å"volatile, self-obsessed, doesn’t play well with others† Tony Stark/Ironman (Robert Downey Jr). Throw in Gwyneth Paltrow, Cobie Smulders, Jeremy Renner and Tom Hiddlestone and all you will need is a plot, script and some visuals to be guaranteed a success. Having a meticulously developed script disables viewers from allowing attention to drift away for even a moment in fear of missing one of the witty one-liners or references to a greater idea The Avengers empowers. â€Å"An ant has no corral with a boot. † Not to mention, the plot will disable washroom breaks as you will be immersed in the super heroic battles constantly taking place from the first minute to the last, you will forget you ever had to go to begin with. If still teetering to give The Avengers a go a budget of $220 million, mostly spent on visuals such as costumes, sound and special effects should be enough to aesthetically please the eyes enough into going. From pin-point accuracy in detail in costumes, to loud booming, breathtaking explosives during battle sequences, The Avengers could easily be the best thing your eyes have ever seen. No matter who you are or what Earth you are from, I would bet my bottom dollar that you cannot watch The Avengers and walk away unsatisfied. With a star studded cast, a meticulous script and plot, and jaw-dropping visuals Disney has created a recipe for blockbuster success certain to burn out many DVD players in households worldwide. How to cite The Avengers: Disney’s Recipe for a Blockbuster Success, Papers

Case Study of Chiquita-Free-Samples for Studetns-Myassignmenthelp

Question: Discuss about the Case Study of Chiquita. Answer: Stakeholders and ethical issues The stakeholders of Chiquita are the employees, customers, suppliers, distributors and the packagers for the food items. Along with this, the external stakeholders of the company are the neighboring partners in the neighboring countries. The company specifically caters to the needs, demands and requirements of the stakeholders, which reflects the adherence to the workplace ethics (Crane and Matten 2016). One of the other stakeholders of the company is United Self-Defense Forces of Columbia (AUC), to which Chiquita has been making the payments since the era of 2001-2004. In 1990s, the company indulged in partnership with Rainforest Alliance (Chiquita.com 2017). The main purpose of this partnership was to serve the customers and clients in an efficient and effective manner. Threatening to kill the employees for not making the timely payment for the extortion or killing the families of the employees contradicts the aspect of ethics. As a matter of specification, stakeholders and ethics are interrelated with each other. Ethics enhances the reputation of the company. However, affirming with the demands of the terrorists is a wise act for safeguarding the employees from encountering the tragic fate of death. This response is apt in terms of enhancing the brand image (Chiquita.com 2017). If the company makes the payment in fear that the employees would be killed, it represents the ethical considerations of the company personnel in terms of catering to the needs of the stakeholders. On the other hand, delaying the payment process aggravates the life risk of the employees, which attaches an interrogative parameter to the role of the personnel in terms of ensuring the wellbeing of the employees. Viewing it from the other perspectives, refusing to make payment as per the instructions of the terrorist group reflects the lackadaisical attitude towards the wellbeing of the employees. This mentality is against the essentials of ethics, which deprives the stakeholders of the company from their basic needs (Ferrell and Fraedrich 2015). If the answer for the question is yes, then they need to seek effective strategies for dealing with the terrorists. Herein lays the appropriateness of the negotiation strategies in terms of practicing good business ethics. Delving deep into the issue, affirmation in terms of providing the answer can be considered as an affirmation with the demands of the terrorists group. On the other hand, rejection of the orders and instructions of the terrorists reflects the matured behavior of the employees in terms of looking after the needs of the stakeholders. Taking into consideration the theories of stakeholder analysis helps the personnel to achieve positive outcomes. Attachment of the terrorist aspect in this context needs effective strategies, which would prove beneficial in terms of ensuring the protection of the employees (Carroll and Buchholtz 2014). Designation of AUC as a famous terrorist group, interrogates the act of making payments in case of the company. This creates a negative image in the minds of the stakeholders, especially the customers in terms of having loyalty, trust and dependence for the company. Opportunities and challenges of the organization Threats from the terrorist groups have adversely affected the security of the stakeholders. Consistent threats have compelled the company to encounter instances of customer turnover and employee turnover, pushing the productivity into utter loss. As a matter of specification, the employees were encountering life risk, which reflects the immediacy in terms of making the extortion payments (Mason and Simmons 2014). Paying the money to the terrorist groups raises the risks regarding making false cases against the company. Typical evidence for this fact lies in the declaration of AUc being a reputed terrorist organization. In view of this declaration, the payments provided become illegal, adding instability to the financial parameter of Chiquita. The word dilemma in the title of the public statement reflects the approach of the personnel in terms of dealing with the constant threats of the terrorists. Incapability of the personnel to seek efficient solutions reflects their dilemma in terms of preferring life or law. Preferring life means the negation of the rules and regulations, which contradicts the essence of governance (Bowie 2017). On the other hand, if law is selected, it connotes lackadaisical attitude towards the wellbeing of the employees. Countering this, if both are preferred, it reflects the attempts of the employees to maintain the balance between the internal and external environment. If the concept of terrorism is attached in this context, the intensity of the worddilemma is intensified. In this situation, searching out effective ways and means for utilizing the possessed lands for growing the banana plantation, acts as an opportunity for the company personnel for enhancing the confidence towards neglecting the threats of the terrorists (Hoffman, Frederick and Schwartz 2014). Hiring the paramilitary forces for the protection of the employees was one of an effective means, which helped to overcome the challenge of security. Making the payments for this recruitment to the illegal paramilitary groups was illegal, which aggravated the complexities of the personnel in terms of safeguarding the life of the employees. In other words, protection of the workforce became one of the major issues. Although the time for this was 1990, the intensity of the issue nullifies the time. Massacre regarding killing the employees increases the intensity of the challenges (Chiquita.com 2017). Non-compliance to the rules and regulations while making the payments posed as a challenge for Chiquita in terms of providing the required protection to the employees. Typical examples in this direction are the killing of 28 innocent workers in the massacre. Along with this, one of the striking instances is the murder of two workers in the front of their colleagues. This traumatizes the employees, which affects their productivity. Most importantly, it reflects the dilemma of the personnel in terms of preferring protecting the life of the employees or adhering by the law (Chiquita.com 2017). Making payments to the terrorist groups without the knowledge of the government officials was also a challenge for the Chiquita in terms of stabilizing the financial parameter. Under such circumstances, taking initiative to inform the government officials about the payments acted as an opportunity for the company to add validity to the process of making payments. One of the challenging moments for the company was when it was fined $25 million. However, concern for the employees and their wellbeing enabled the personnel to make the first installment payment of $5 million (Chiquita.com 2017). This effort was also negated by the Department of Justice prosecutor as morally unacceptable, as it ignited a spark of revolution in many parts of the United States. Analyzing an ethical issue from the perspective of the stakeholders In 1995, a massacre took place, where 28 employees of Chiquita were suddenly attacked when they were going to the workplace on the bus. The effect of the killing has not yet diminished that two more employees encountered the tragic fate of death while their colleagues were forced to watch the horrifying scene. This type of pressurization is a kind of mental torture of the employees, which compels them to undergo traumatic situations (Tricker and Tricker 2015). Making the payments to the terrorist groups without the information of the government officials aggravated the complexities of Chiquita in terms of financial crisis. This raised doubts in the minds of the investors regarding expanding their business in Chiquita. The stakeholders, especially, prosecutor of the Department of Justice, considered payment to the terrorist groups unethical, especially the. This declaration intensified the competition between Chiquita and the contemporary brands. Upon investigation, the Board of Directors found that the payment process has many fissures. In 2000, the Board of Directors excavated that no action was taken in spite of being aware of the faulty payment process. Two years later, in 2002, one of the employees discovered the declaration of AUC being a terrorist group. After this, the employee informed the government (Chiquita.com 2017). After this, the Board of Directors started the investigation process and found that the payment was unethically made to the terrorist groups. In the era of 2003, the company indulged in partnership with he Washington attorney. The result of this partnership was rejection, which added instability to the financial parameter of Chiquita. After two months, it was discovered that consistency was maintained in making unethical payments. Objection to this type of payment leaked the information to the Department of Justice. This degraded the reputation of Chiquita among the stakeholders and shareholders (Chiquita.com 2017). Critical evaluation of the suitability of the possible solutions to the ethical issue Envisioning the enhancement of corporate social responsibility seems apt in terms of restoring the lost honor and justice. However, the attempts in this direction added to the peculiarity of the ethical issue. Maintaining the continuity with the aspect of stakeholder analysis in the previous question, John Entine, one of the reviewers of the Chiquita case, can be considered as the stakeholder. This is because the intensity of the issue has compelled him to take up the pen and reflect on the tragic fate of the company, especially the employees. Transforming into a food distributor from a food company seemed to be fruitful as the sales revenue was increased and much value was added to the profit margin. Teaming up wuth Rainforest Alliance for completion of the Better Banana Project was a kind of taking extra burden in spite of an intensified crisis (Chiquita.com 2017). As a matter of specification, upgrading the farming practices of banana production can be considered as a matured step by the personnel in terms of upgrading the infrastructure. Countering this, neglecting the issue of life risk of the employees for upgrading the plantation practices is against the essence of the business ethics. Supervision and guidance of Rainforest Alliance seemed beneficial in terms of upgrading the standard and quality of the internal business activities. On the contrary, complying with the legislation contradicts the aspect of executing unethical activities in the workplace (Chiquita.com 2017). In view of the benefits, which the rural communities received by the improvements, the approach of the personnel seemed right. As a matter of specification, the rural tribes have been provided with fresh quality water. Not only this, the government officials have taken initiatives for safe water disposal. Along with this, the utilization of the chemicals have been reduced largely. This has extended the longevity of the bananas, keeping them fresh. At last, John brings to the light the issue, which needs modification the most. Adopting latest and modern means of agriculture increased the ease of the workers for executing the allocated duties and responsibilities (Chiquita.com 2017). John says that the new and modern agricultural tools improved the quality of life of the workers. Adoption of new and modern agricultural tools helped the workers to expose their preconceived talents in the workplace activities. Specific recommendations for management of the issue Protecting the life of the employees is an important issue, which the managers need to take care. This is because employees are the asset of the companies and organizations. However, the issue of threatening the life of the employees nullifies the tag of asset. In case of Chiquita, initiating the investigation process after knowing about the faulty payment process contradicts the governing functionalities of the personnel. Instead, if the initiation process started much before, the life of the killed employees would have been saved. Rather, the evaluation process seems appropriate in terms of ensuring the issues, which the employees are undergoing (Daily and Dalton 2015). Chiquita managers took effective measures however; lack of synchronization and oriental approach compelled the company personnel to lose some employees. Forcing the employees to witness the killing of their colleagues generated trauma and stress within the employees, adversely affecting their productivity. The above situations reflect the chaotic situation through which Chiquita is going. The main reason for this is the illegal tie up with the terrorist group. Speculating the predicament of the personnel under the threat of the terrorists, this payment seems right in terms of morale and ethics (Kolk 2016). On the contrary, indulging in something unethical degrades the reputation of the company. This degradation attaches an interrogative parameter to the aspect of corporate governance exposed by Chiquita personnel. In response to this, enhancing the parameter of corporate social responsibility can be considered as an effort of the personnel to restore the lost loyalty, dependence and trust from the stakeholders. Within this, publication of the reports consisting of the draft for the undertaken activities seems a matured step in terms of averting further illegal cases. Maintenance of consistency in sending the reports on the social responsibilities executed helped the personnel to remain in the safe side in terms of the legal matters (Zheng, Luo and Wang 2014). This consistency strengthened the bondage between the company and the shareholders. Commitment to the corporate responsibility resulted in the radical transformation of Chiquita. According to the confession of cEO, initiatives to disclose the details of the payment transactions proved their willingness towards altering their fate from being just a mere puppet in the hands of the terrorists. Here, eagerness, willingness and inner urge to enhance the productivity is the major drive behind the achievement of success. Application of rationality in this eagerness and willingness enhances the personality of the personnel in terms of ensuring the wellbeing of the employees (Lawrence and Weber 2014). Theoretical consideration would seem fruitful in terms of delving deep into the issue and coming up with appropriate solutions. As a matter of specification, considering behavioral theory would prove apt in the process of investigation. Considering the issue of forcing the employees to witness the killing of their colleagues, it generates trauma, depression and stress. It is at this stage that counseling is needed. Along with this, various therapies can be applied for healing and soothing the disturbed minds of the employees. In this situation, the employees need to rest, so that they can regain the mental, emotional and physical strength (Ayuso et al. 2014). Apart from the counseling sessions and therapies, the managers can organize one-to-one sessions. This would help the managers to excavate the issues, which the employees are facing. The open forums provide an opportunity to the victimized employees to voice out their opinions regarding the steps taken by the management. Herein lays the appropriateness of evaluation, which would bring to the forefront the major drawbacks. The previous sentence brings behavioral theory into the discussion. This is because it is the eagerness, willingness, which would instigate th e personnel to take spontaneous action for providing the employees with safe and comfortable workplace (Hartman, DesJardins and MacDonald 2014). Aligning with the case of Chiquita, threats from the terrorists compelled the personnel to make the payments, in spite of knowing that it is illegal. In such cases, rationality gets less importance as compared to spontaneity. Consultation with the army and governmental officials would have guided Chiquita personnel to take the right steps. Along with this, increasing police posting for the protection of the employees would have acted as a wise step of the personnel. Exposing a strategic vision in this direction would have enabled the personnel to witness positive outcomes in terms of creative contents from the employees (Nicol?escu 2013). This would have upgraded the market position of the company in the competitive ambience. 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