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Current Event Presentations Teams Topics ABC Analysis
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How do they fix it?! T. L. Ceranic
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Business & Society (ETLW 302) Specific challenges faced Differing political beliefs Sanctions
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Labor regulations/standards T. L. CeranicBusiness & Society (ETLW 302)
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UN Global Compact 1: businesses should support and respect the protection of internationally proclaimed human rights 2: make sure that they are not complicit in human rights abuses 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining 4: the elimination of all forms of forced and compulsory labour 5: the effective abolition of child labour 6: the elimination of discrimination in respect of employment and occupation 7: businesses should support a precautionary approach to environmental challenges 8: undertake initiatives to promote greater environmental responsibility 9: encourage the development and diffusion of environmentally friendly technologies 10: businesses should work against corruption in all its forms, including extortion and bribery
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Other Codes of Conduct OECD Guidelines for Multinational Enterprises Global Sullivan Principles Caux Principles T. L. CeranicBusiness & Society (ETLW 302)
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Is it enough? Sweatshops and child labor Sweatshops and child labor Human trafficking Human trafficking T. L. CeranicBusiness & Society (ETLW 302)
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Interconnected economies T. L. CeranicBusiness & Society (ETLW 302)
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Cultural Differences
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“Fighting is in our DNA.” -Dana White
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What’s their best option? What needs to happen to decide the country that is the best “fit” for UFC? China India South Korea
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How to proceed? What types of entry options exist? What changes would you make to the product?
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So what did they decide?
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China TUF China – December 7, 2013 - January 26, 2014 -Finale: March 1 st in Macao -Kim Dong-Hyun “Stun Gun” – Cung Lee = mentor – Some issues… Office IN China
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India TUF India – Announced as partnership with Sony Six Looking to do several live events in the area
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S. Korea New fighters – Chan Sung Jung – Dong Hyun Kim ‘Korean Zombie’ says UFC needs to show more sensitivity toward Asians Live event in Singapore
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What Lorenzo knew: =
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Solid organizational decisions utilize Ethics – Individual – Organizational Stakeholder analysis Cultural awareness
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