The Shakedown Business Essay Example | Topics and Well Written Essays - 1250 words

The Shakedown Business - Essay ExampleIt does not have any connection in the country. The fact that the political partys officials demoralise Mylofienko in order to get their call off lines installed faster make them easy targets for other officials who atomic number 18 extortionists. Ukraine also permits have a bun in the ovenment of facilitation fee which Zhuk is lament to pay in order to get his companys telephone lines installed. Additionally, the high clientele goals that Zhuk sets also make the company a target of extortion by the officials. Zhuk establishes the company so that he can change peoples lives. He pays the best salaries to his workers and ensures they have a comfortable life. Moreover, the company shows that it is willing to pay any official any amount of money so as to pursue business interests in the country. customer dodge Solution presumes bribing as the barely way of succeeding in Ukraine. They want to have an advantage over other business rivals hence the dealings with officials who are corrupt. Question 2 Customer Strategy Solution should not have used that mode of payment in order to get their telephone lines installed. By paying a bribe to Mylofienko, the company showed that it was willing to pay any official any amount of money so as to pursue business interests in the country. Customer Strategy Solution presumes bribing as the only way of succeeding in Ukraine. They want to have an advantage over other business rivals hence the dealings with officials who are corrupt. Question 2 Customer Strategy Solution should not have used that mode of payment in order to get their telephone lines installed. By paying a bribe to Mylofienko, the company showed that it was willing to pay any official any amount of money so as to pursue business interests in the country. Zhuk and Hnatyuk visited Mylofienko, a senior telecommunications manager, to acquire relevant information n woos associated with telephone lines installation. According to Mylofienko, renting a telephone line would cost the company ten hyrvnia monthly, and the rate of use would be 0.5 hyrvnia per single minute. The telecommunication company was willing to charge the company 100 hyrvnia. This amount was fair consort to Zhuk and Hnatyuk. They were able to pay the stipulated amount as presented by Mylofienko. Mylofienko informed them that it will take a period of three years before the companys telephone lines could be installed. He attributed this long wait to a huge number of orders placed by people and companies. The delay in installing the telephone lines would mean that the companys project be slowed down or fail to be realized altogether. Hnatyuks thought of acquiring services from another, though more expensive company made Mylofienko decide to help them with the installation, but at a fee. He was to give exceptional treatment to their application. He was to be given $300 per line he was also to install ten lines in the companys office at a cost of $ five hundred in a months epoch, and the installation was to begin the week that followed. The higher the amount demanded by the telecommunication company, the faster Customer Strategy Solution, would moolah its operations. For $3000, the company would start functioning in a months time. $5000 meant it would commence its operation the following week. Making fresh appointments, spending extra time getting wired and meeting new people posed a new challenge. These thought made the company decide to accept the terms of Mylofienko in exchange for the installation services. They demanded to get the telephone lines get installed in the shortest time possible. What followed was Hnatyuk giving Mylofienko the envelope containing some money and one copy of the contract amongst the two companies. The company had bribed Mylofienko. They should not have made their payment the way they did. The company should have followed the due process