However, the extent of such actions is uncertain. Now a day, there are three principal players in India and more are trying to penetrate this market.
As such, the ethical issue present is that misuse of raised funds. The two companies entered into expensive contracts with NKF and were paid even after they had failed to deliver satisfactory results. Secondly, it is uncertain to what extent it is a common practice across most of the major non-profit organizations in Singapore to market their organization aggressively though media and all the possible channels.
By performing some research over the internet, I found out some figures that could justify the attractive of the Indian market. It assumes that individuals form judgments about the propriety of rewards allocations based upon social comparisons across individuals.
We will write a custom essay sample on Ethical Analysis or any similar topic specifically for you Do Not Waste HIRE WRITER The lack of transparency of how the raised funds are distributed in the organisation to help the patients and the lack of intervention of the government resulted in such perquisite taking actions.
Loo, Chua and Yong are declared bankrupt due to their inability to pay for the damages and legal costs of the NKF civil suit. Financial risk exposure will increase as a result of the acquisition. The trial led to public disclosures about numerous malpractices and financial mismanagement in the NKF and subsequent government investigations into its misconduct.
The suit also claimed compensation for donations deemed to have been lost due to the erosion of donor confidence and legal fees incurred in the NKF suit against SPH. It could be strategic because, often governments will forbid foreign companies from selling products to its citizens, so as not to take away sales from local industry.
The activities of the NKF are largely funded by public donations and the organisation used to hold annual televised charity shows to solicit such donations prior to the outbreak of the financial scandal.
Focusing on rural and small urban areas, which were not the best idea, they have to analyze the market in depth in order to find the market opportunities and create the strategy.
Ethical lapses undermine the trust the public holds in the entire organization. However as all the competitors, in this case the purifiers companies have to work on their cost structure in order to be competitive and work on their penetration strategy in order to be successful. If they are unsure of the distribution due to the low level of transparency in the budget process of NKF organization or cannot verify the information given by the NKF management, it is their responsibility not to make their donations.
For instance, globally more than one billion people lack access to safe drinking water and approximately 2. Find an Indian partner. Joint venture You will allow your partner to have access to new technology, capital and skills, as well as critical business knowledge.
The decision to penetrate the Indian market was based on: Manufacturing units in India, it is a good idea in order to lower the costs of the production, however there is a need for a prepare work force, so there is a cost involve.
Three modes of market entry available to Fairchaild Water Inc, in India are: By various ways of Nkf ethical case and branding the non-profit organization aggressively, there is a significant increase in the number of donors, increasing the funds raised and accumulating more reserves.
When considering total utility in this situation, personal target of CEO is not as important as the treatment for kidney patients as health is one of the greatest assets. He was involved in perquisite taking as shown by the golden toilet and financial discrepancies in the account.
It had also set up a cancer fund in that was later transferred to the Singapore Cancer Society in the aftermath of the financial scandal. Finally, you are sharing risk and the financial part could be higher than other models.
A developing country usually has a low level of affluent citizens, and higher levels of unemployment. Hence, negative utility outweighs positive utility generated, thus from the utilitarian perspective, such actions are unethical. The difference between a developing and a developed country are typically based on economics.
In this context, when Durai markets the non-profit organization to the public, it is easier to persuade the public to make their donations, leading to higher funds raised and generating positive utility.
If it is a norm for charity organization to publicise through TV shows and dramas aggressively, their actions would be ethical from the perspective of the conventional approach.
Ethics Ethical Issue Based on this case study, the ethically dubious behaviour exhibited by the NKF is that the fund-raising strategies and tactics were too aggressive and the organization is not fiscally responsible.
India, it is a big country, they need a local due to the language, someone that the potential clients trust, then, their transportation structure roads it is deteriorated, so they need someone who knows the country very well and have a good distribution network, so on that way they can penetrate the market quicker than the competition.
Uncertainties There are three major uncertainties in this situation. This is the best idea; Chatterjee should recommend making a joint venture in order to enter the Indian market. Ee was at the time president of the Singapore Council of Social Services, a former nominated member of parliament and a member of the Council on Governance of Institutions of Public Character.
The CEO is concerned about raising more funds. Yet, they may not receive as much benefits as they are promised because the organization tends to focus on the administrative and marketing sectors as well as the fact that CEO is involved in perquisite taking. For instance, the former NKF board had delegated all its powers to the executive committee, which in turn delegated most, if not all, of those powers to former CEO Durai.
After being declared a bankrupt as a result of the NKF civil suit, Yong fled to Hong Kong but was extradited in September and sentenced to 15 months in jail. Investment should be low as other models.Case Ethical Analysis: National Kidney Foundation of Singapore (A) – Anatomy of a Crisis Wee Beng Geok and Yvonne Chong Overview When the National Kidney Foundation (NKF) of Singapore came under the scrutiny of the nation back in the July ofit was evident that there was going to be major changes in the local social welfare scene.
Nanyang Technological University[Type the company address] Yi Theng Lim Organization Behavior & Design Case Ethical Analysis NKF Singapore: Anatomy of a Crisis 08 Fall Introduction In JulySingapore was shaken by a scandal involving the National.
Ethical Issue Based on this case study, the ethically dubious behaviour exhibited by the NKF is that the fund-raising strategies and tactics were too aggressive and the organization is not fiscally responsible.
These marketing practices distort and demean the aim of a charity organization and give the public the perception that it is all for the patients’ benefits while the top management. Ethical Dilemmas in Living Donation.
Overview; Faculty; Describe and apply ethical framework to case examples Social Worker. The National Kidney Foundation Council of Nephrology Social Workers, Provider #, is approved as a provider for social work continuing education by the Association of Social Work Boards.
Nkf Ethical Case. Subprime Crisis. Analysis of Commercial Bank Operation and Regulation-Case Study on Dhaka Bank Limited “The Snow White”. Ethical Implications: When Family Function and Dynamics Interfere with the Transplant Plans.
CME/CE Activity. The National Kidney Foundation (NKF) is accredited by the Accreditation Council for Continuing up to that many hours of Category I credit. For Case Managers, credits are measured in clock hours. CME Program Mission Statement. The.Download