Step3. Evaluation of the case
⇒ In this case, ITT, U.S.A government and CIA are directly involved.
▶ ITT
- Deontological View
The inordinate intervention of company has to be limited. For their profit, ITT intentionally intervened on politic of Chile. As a result, Chile damaged a lot on their politics, economy and even lost a lot of lives. So, ITT is deontological wrong.
damaged Brazil economy that was closely
connected with Argentina. Besides, the global economic slump resulted from 9.11 troubled Brazil.
3. Analysis
3-1. Foreign-Exchange Risk
As we saw in the previous part, the value of real fluctuated dramatically as the political and
economic environments became instable in Brazil and nearby countries. The flu
Economic and Social Affairs of the United Nations Secretariat
The First reason I found is the urbanization throughout the Philippines.
The Philippines is rapidly urbanizing which reflects INCREASING GDP and by 2050 84% of people will be living in cities, compared to 49% in 1990. Bigger cities put more pressure on available resources, including clean air.
The Philippines, except for Singapore
Ⅱ. Economic Environment
The economic trends of a country are very influential over business operations. Singapore's economy has shown continued resilience against most global crisis, and has rebounded with a record 13% growth from the recent global economy downturn. This rebound not only showed that the Singapore's forward-looking and alert damage-control measures are always in place and
damage, but also they cannot start to fix their problem (Ikenson, 2008, ¶14).
Moreover, even if the government had given them $25 billion, that also could not have been a solution because the real problem is not a lack of money. The real problem is the companies. These auto companies’ recession started before the current economic panic (Sununu, 2008, ¶2). That means their economic crisis i