Corruption In India

In a country where natural resources are controlled by the government, those who have close connections with them has a greater chance of obtaining these resources. Manoj Jayaswal is one of those who are in close ties with government officials. In a short amount of time Jayaswal has gained a huge amount of wealth, leaving his rivals confused. On September 15, Jayaswal was accused of being involved in a $34 billion dollar coal mining scandal. He is suspected with working along side Vijay Darda, a member of the parliment, to obtain rights to undeveloped coal fields.

From a ethical view Jayaswal and Darda's incentive is simple, by obtaining the coal fields for a inconsiderable amount of money they can gain significant amounts of profits. While many parts of India are still living without electricity, the undeveloped coal fields could be used to supply power to those parts, but instead they are given to businessmen for profit.

By committing this fraudulent act, the main advantage for Jayaswal is gaining a considerable amount of wealth as well as gaining a distinct advantage over rival companies. Since he has close ties with the government, gaining control of coal fields would not be difficult. The disadvantage for him to do this is exactly what has happened. Now that the public has caught on to his acts, his company will suffer from the news and if enough proof is found against him, there could be even more severe consequences.

Jayaswal most likely looking at the situation from a individualism view because his actions clearly benefits himself. While many parts of India is still without electricity he uses his connections to obtain the coal fields, which could be used to supply more people with energy, to gain profits for himself. His decision also present unfairness to rival companies.

From a negative view corruption will probably not decline. Looking at the amount of political corruption in India, if no significant change occurs corruptions will not decline. In 2008,  former minister Andimuthu Raja mis-sold frequency licenses  causing nearly $40 billion in lost revenue. In November 2010, Ashok Chavan, the chief minister of Maharashtra, was forced out of office due to his role in scamming homes that were meant for war widows. In March 2012, Gen VK Singh was offered $2.7 million by a lobbyist to purchase "sub-standard" trucks for the military. These are just few of many cases that occurred in recent years. If things continue corruption will continue to occur. A solution to this problem could be supporting a new political party by the people. If a new political party takes power, there might be a greater chance of decreasing the amount of corruption that take place. Since the current parties are corrupted, changing the people in power could have a positive effect on the situation.

http://www.bbc.co.uk/news/world-south-asia-12769214
http://india.blogs.nytimes.com/2012/08/03/corruptions-reach-in-india-spawns-new-political-party/

Zara International

Zara International is one of many clothing retail companies. What makes Zara stand out from other clothing stores is their ease of organizing and adapting to the latest trends, which is made possible by controlling all sections of the supply chain. Many of Zara's recent success could be attributed to CEO of Indetex, Pablo Isla, which is the parent company of Zara. His outstanding foresight can lead Zara to further success.

With one of Zara's main advantage of being able to control the supply chain of their products, the clearest example of classical management that Zara display is Fayol's Administrative Principle. Having strict control of the supply chain would require precise control over every aspect of the process. This can only be achieved by having great leaders and managers who are in control of each part of the process. Indetex's Ceo has the foresight to plan Zara's future considering  his success so far. The company clearly displays organization, command, coordination, and control of their resources. Without exceptional leadership and management controlling the supply chain would be impossible.

Many companies look at how Zara is functioning and managing their products due to their effectiveness. One of the crucial reason for Zara's success is how quick they keep up with fashion. They're constantly replacing old fashion clothings with new ones within weeks. They keep a low supply of inventory to avoid "oversupply" and to create "scarcity" of different designs. Since they have control of their product, when a design doesn't sell well, their designers are notified to immediately create a new design.

Another reason of Zara's success is due to the informality of their organization. All of their departments are "under one roof," meaning different departments has the chance to know the function of other departments. This leads to ease of information to travel around and allows decisions to be made at a faster pace.

Zara's great success so far and their unique way of organization and management will continue to allow them to expand.



Resource:
http://search.proquest.com.remote.baruch.cuny.edu/abiglobal/docview/218605921/139512B2A4A6512054D/9?accountid=8500

http://search.proquest.com.remote.baruch.cuny.edu/abiglobal/docview/399035727/139512B2A4A6512054D/5?accountid=8500

About Me

Hi everyone, my name is Jaron. I was born in New York and lived here my whole life. After I graduate I would really like to move somewhere else for a while just for the change of scenery, but it would probably be easier to find a job here. I'm working for a major in Finance and a Minor in Psychology. I transfered here from John Jay after a year and this is my second year in Baruch. Right now I'm actually really burned out from studying because I spent my summer taking classes to catch up on my credits. I'm really not that a interesting person, which you can probably tell from reading, but hope we have a nice semester together