subject
Business, 12.10.2020 02:01 sjjarvis4806

What should sipho have done differently

Case

Sipho Dlamini was born in a small rural village in Swaziland. He spent his childhood years looking after his family’s livestock. The community upheld high values, such as honesty and respect, but the people were desperately poor. He realized that he would have to go to South Africa and apply for

a job at a gold mine. As a young man Sipho left his village in the mountains

and took on the difficult job of getting to South Africa. He went in search of one of his distant family members who was working for a gold mine near Johannesburg. He managed to find his relative, who was engaged as a personnel

assistant. Sipho’s relative managed to find him a job as a general mine worker and accommodation in one of the mine hostels. Sipho was dedicated to his work, and time passed quickly. Every month, he forwarded most of

his wages to his family in Swaziland.

One day Sipho’s family member called him into his office and informed him that he was due for promotion. He also told Sipho that he would be required to pay him R500.00 (about $60) for his “efforts.” This arrangement seemed strange to Sipho since he knew that it was not in line with company procedures. When Sipho asked about this, the personnel assistant replied that he had the

authority to do so and that Sipho would not be promoted if he did not pay the R500.00. Sipho returned to his room and wrestled in his mind that night with the options before him. He had grown up with strong personal values that

included honesty and hard work, but his family needed the extra income. What was he to do?

After a restless night, he returned the next day to the

personnel assistant’s office and handed him the R500.00. He was immediately promoted, but he returned to his room with a troubled mind. A few weeks later, the personnel assistant was reported and investigated for fraudulent behaviour.

He was suspended from work, and the investigation revealed all his corrupt activities. The record he had kept on all employees who paid bribes to him was also found. All employees on this list were called in and charged with fraud. Sipho’s name was on the list, and he was found guilty and dismissed from the service of the company along with all the others.

Questions

1.  What should Sipho have done differently?

2. In what way could the mine management have provided support to him prior to his wrongful act?

2 / 2

Sources: S. Collins, “Millennials Take On the Workforce,” SHIFT Magazine (May 3, 2011), May 12,

2011, www. smudailymustang. com; and R. Wartzman, “Generation Mobility,” Los Angeles Times

(July 16, 2010), downloaded May 12, 2011, from www. dailytidings. com in this case what should sipho have done differenty?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 03:30, shawnplayzsavage
He aldermanalderman company has prepared a sales budget of 42 comma 00042,000 finished units for a 3-month period. the company has an inventory of 10 comma 00010,000 units of finished goods on hand at december 31 and has a target finished goods inventory of 11 comma 00011,000 units at the end of the succeeding quarter. it takes 44 gallons of direct materials to make one unit of finished product. the company has inventory of 64 comma 00064,000 gallons of direct materials at december 31 and has a target ending inventory of 53 comma 00053,000 gallons at the end of the succeeding quarter. how many gallons of direct materials should aldermanalderman company purchase during the 3 months ending march 31? select the labels and enter the amounts to calculate the direct materials (gallons) to be purchased.
Answers: 3
image
Business, 22.06.2019 08:40, jade468
Examine the following book-value balance sheet for university products inc. the preferred stock currently sells for $30 per share and pays a dividend of $3 a share. the common stock sells for $16 per share and has a beta of 0.9. there are 2 million common shares outstanding. the market risk premium is 9%, the risk-free rate is 5%, and the firm’s tax rate is 40%. book-value balance sheet (figures in $ millions) assets liabilities and net worth cash and short-term securities $ 2.0 bonds, coupon = 6%, paid annually (maturity = 10 years, current yield to maturity = 8%) $ 5.0 accounts receivable 3.0 preferred stock (par value $15 per share) 3.0 inventories 7.0 common stock (par value $0.20) 0.4 plant and equipment 21.0 additional paid-in stockholders’ equity 13.6 retained earnings 11.0 total $ 33.0 total $ 33.0 a. what is the market debt-to-value ratio of the firm? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. what is university’s wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
Answers: 3
image
Business, 22.06.2019 11:30, ninaa8748
When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is
Answers: 2
image
Business, 22.06.2019 18:30, saneayahsimmons
What historical context does wiesel convey using the allusion of a fiery sky? he compares the sky to hell. the fires from air raids during world war ii the cremation of jews in the concentration camps the outbreak of forest fires from bombs in world war ii
Answers: 1
You know the right answer?
What should sipho have done differently

Case

Sipho Dlamini was born in a sma...

Questions in other subjects: