transformational leadership
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Treasury bans Bain and Co. from public sector contracts for a decade
National Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).
The ban will run from 5 September 2022 until 4 September 2032.
"This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."
Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".
The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years.
Explain the relevance of transformational leadership within the context of recent developments at Bain and Company. Structure your answer around the four components of transformational leadership as proposed by Bass and Avolio.
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- Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. With application to managers at Bain and Company, discuss the importance of technical skills. please asTreasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. Analyse any two sources of managerial stress applicable to Bain and Company.Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts fora period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at theSA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restrictedsuppliers. The restriction will apply to any other contract for services awarded to Bain & Co in thepublic sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, SouthAfrican Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it fromcompeting for state contracts for three years.Source: Cronje, J. 2022. Treasury bans Bain and Co. from public sector contracts for a decade.Available from:…
- Fashion Fair Corp., the first mover in the “all-year discount” stores market, lost its market share to a late entrant, Brand Fair Inc. Brand Fair operates online discount stores, which is cost-efficient when compared to investing in a brick-and-mortar store. Fashion Fair has been unable to replicate the online store business model because of its existing contracts with suppliers and heavy investment in retail stores. This ultimately leads to the failure of the business. Which of the following can be attributed to Fashion Fair’s failure? 1. A) Incumbent inertia2. B) Use of tacit resources3. C) Free-rider effect4. D) Presence of low exit barriers Why is it A?Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts fora period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at theSA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restrictedsuppliers. The restriction will apply to any other contract for services awarded to Bain & Co in thepublic sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, SouthAfrican Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it fromcompeting for state contracts for three years.Source: Cronje, J. 2022. Treasury bans Bain and Co. from public sector contracts for a decade.Available from:…Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. Discuss the growing importance of intellectual capital and learning for a consulting firm such as Bain and Company.
- Simco (https://simcodrill.com/) has been contacted by someone in Lithuania who wants to purchase drilling equipment. Are there any people in Lithuania to whom the firm cannot sell? Is the product considered "dual use" and/or does it require an export license? If it requires an export license, briefly discuss the agency involved and how an export license would be sought. Gerbs (https://www.mygerbs.com/) is considering the sale of dry roasted pumpkin seeds (an allergy friendly food) to some consumers in Lithuania. Are there phytosanitary requirements? What would the import tariff be for Lithuania?BeeCell’s Customer Acquisition Strategy The Irish telecommunications market was deregulated in 2004. Up to the time of deregulation, VCOM was the only telecommunications service provider operating in the Irish market. It was state owned company that enjoyed a monopoly prior to the market being deregulated. With deregulation, the market was opened to competition. One competitor that immediately entered the Irish market was BeeCell. When BeeCell decided to enter the Irish market, it knew that it would have faced stiff competition from VCOM. However, BeeCell like VCOM had the capability to provide a full range of telecommunication solutions to the market through its data, mobile, Internet and voice products to both business and consumer markets in Ireland. But rather than seeking to go for a head-to-head competition with VCOM in multiply segments, BeeCell decided to look for a segment of the market telecommunication market that was under served. This segment consisted of Call Centres,…BeeCell’s Customer Acquisition Strategy The Irish telecommunications market was deregulated in 2004. Up to the time of deregulation, VCOM was the only telecommunications service provider operating in the Irish market. It was state owned company that enjoyed a monopoly prior to the market being deregulated. With deregulation, the market was opened to competition. One competitor that immediately entered the Irish market was BeeCell. When BeeCell decided to enter the Irish market, it knew that it would have faced stiff competition from VCOM. However, BeeCell like VCOM had the capability to provide a full range of telecommunication solutions to the market through its data, mobile, Internet and voice products to both business and consumer markets in Ireland. But rather than seeking to go for a head-to-head competition with VCOM in multiply segments, BeeCell decided to look for a segment of the market telecommunication market that was under served. This segment consisted of Call Centres,…
- ABC’s machinery contains some high-technology components developed in Canada by ABC. ABC registered its patents and designs in Canada and the U.S. ABC’s Chief Technology Officer, Bill, is concerned that Chinese buyers of ABC’s machines can possibly copy the designs and use them to start manufacturing their own equipment. What is the best choice of action for Bill to preserve the competitiveness of ABC’s machines in China? A.Do nothing else—registering ABC’s patents and designs in the U.S. will provide protection in China because of extraterritorial application of U.S. intellectual property protection laws. B.Sell old versions of ABC’s machines to China, because even if Chinese customers reverse engineer ABC’s equipment, they will not get access to ABC’s latest technology. C.File patents for ABC’s technology and register ABC’s industrial designs in China to obtain protection for ABC’s intellectual property locally and be able to pursue the infringers. D.Leave the Chinese market. The…Haval is an automative marque owned by the chinese automaker Great Wall Motors that specialises in crossovers and SUVs. GMW has successfully sold their products in Australia prior to the launch of Haval in March 2013. With the foregoing statements in mind , assess how the country of origin will influence Haval's new Funky Cat's entry into the South African market.Egypt exports of soaps, lubricants, and waxes, to Kenya was US$22.63 Million during 2019, according to the United Nations COMTRADE database on international trade. Egypt exports of soaps witnessed a steady decline since 2017, and there is lots of potential demand in many other african nations for Egyptians soap. Last March 2020 the Ministry of Industry and Trade decided to exclude soap bars, shampoo, and tissue paper in the form of jumbo rolls "production requirements" from Resolution 187 of 2020 to stop the export of masks and protective supplies. Minister of Trade and Industry Nevein Gamea issued two decisions to stop exporting all of the surgical masks ("face masks") and the requirements to prevent infection and alcohol of all kinds and derivatives, for a period of 3 months starting from the date of publishing the decisions in the Egyptian Gazette. H.E. Mrs. Gamea said that these two decisions aim to provide the needs of the Egyptian citizen with these products, especially in light…