...Good case study By: Susan Martinez March 1, 2011 Introduction Relations between the Fijian government and FIJI Water have been tense since early 2008 when the new military government seemed to suddenly notice the huge exporter (accounting for 20% of Fiji’s total exports) (Dornan). Though there are a variety of disputes, I will focus on two in particular 1) The Fijian government’s belief that FIJI Water is engaging in transfer pricing. 2) The Fijian government’s repeated efforts to tax the company. At this point both sides have lost face in standoffs, and the tension is building. While the company may not be popular with the national government, FIJI Water is a star in its community. Since opening in 1995 it has provided a great deal of aid to the villages surrounding the bottling plant, creating goodwill that can be used to appeal to the Fijian government. Following an analysis of the above issues, I will detail my two recommendations in improving relations with the Fijian government. Taxing Battles When FIJI Water first opened its factory in 1995, the government at the time granted the corporation a thirteen year tax holiday. As a result, the company has paid very few taxes since beginning operations. When Commodore Frank Bainimarama rose to power in 2006, two years still remained on FIJI Water’s tax holiday. But in July 2008, without consulting...
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...“The fact of the matter is that today, stuff-selling mega-corporations have a huge influence on our daily lives. And because of the competitive nature of our global economy, these corporations are generally only concerned with one thing…the bottom line. That is, maximizing profit, regardless of the social or environmental costs.” —David Suzuki Bottling of freshwater from a rare resource in the Fiji Islands, and harvesting of cocoa beans via child slave labor in West Africa, are both ethically questionable. Business practices from both commodities have little regard on damages inflicted during their production. Ethical issues, similarities, and differences with both commodities will be contrasted, a presentation of socially responsible strategic alternative(s) will follow, and finally possible impact(s) of said strategic alternative(s) to stakeholders highlighted. Identification of both contextual and evolutionary issues is needed to form a comprehensive picture of the situation, linking questionable business performance(s) to Applied Ethics standards. This will assist to adequately categorize the issue and develop a socially responsible strategic alternative(s) to remedy the damages caused, and determine their possible impact(s) to stakeholders. Two generic determinants influence the outcome of either proactive or reactive business ethics practices, the internal and external perceptions of a corporation; in conjunction these two determinants create a generic conceptual...
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...Introduction Relations between the Fijian government and FIJI Water have been tense since early 2008 when the new military government seemed to suddenly notice the huge exporter (accounting for 20% of Fiji’s total exports) (Dornan). Though there are a variety of disputes, I will focus on two in particular 1) The Fijian government’s belief that FIJI Water is engaging in transfer pricing. 2) The Fijian government’s repeated efforts to tax the company. At this point both sides have lost face in standoffs, and the tension is building. While the company may not be popular with the national government, FIJI Water is a star in its community. Since opening in 1995 it has provided a great deal of aid to the villages surrounding the bottling plant, creating goodwill that can be used to appeal to the Fijian government. Following an analysis of the above issues, I will detail my two recommendations in improving relations with the Fijian government. Taxing Battles When FIJI Water first opened its factory in 1995, the government at the time granted the corporation a thirteen year tax holiday. As a result, the company has paid very few taxes since beginning operations. When Commodore Frank Bainimarama rose to power in 2006, two years still remained on FIJI Water’s tax holiday. But in July 2008, without consulting the company, the Fijian government imposed a tax of $.20F per liter of water. In response FIJI Water threatened to shut down, frightening the government into...
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...Relations between the Fijian government and FIJI Water have been tense since early 2008 when the new military government seemed to suddenly notice the huge exporter (accounting for 20% of Fiji’s total exports) (Dornan). Though there are a variety of disputes, I will focus on two in particular 1) The Fijian government’s belief that FIJI Water is engaging in transfer pricing. 2) The Fijian government’s repeated efforts to tax the company. At this point both sides have lost face in standoffs, and the tension is building. While the company may not be popular with the national government, FIJI Water is a star in its community. Since opening in 1995 it has provided a great deal of aid to the villages surrounding the bottling plant, creating goodwill that can be used to appeal to the Fijian government. Following an analysis of the above issues, I will detail my two recommendations in improving relations with the Fijian government. Taxing Battles When FIJI Water first opened its factory in 1995, the government at the time granted the corporation a thirteen year tax holiday. As a result, the company has paid very few taxes since beginning operations. When Commodore Frank Bainimarama rose to power in 2006, two years still remained on FIJI Water’s tax holiday. But in July 2008, without consulting the company, the Fijian government imposed a tax of $.20F per liter of water. In response FIJI Water threatened to shut down, frightening the government...
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...Strategic Marketing & Planning, 2009 Fiji Water Executive Summary: There are multiple recent strategic issues that the bottled water company Fiji Water is facing. The economic recession has led to a change in consumer purchasing trends, and the bottled water category is not as stable financially as it used to be. Environmental issues, such as waste and pollution, are also affected Fiji Water and its competitors. Bottled Water companies are attempting to shift packaging and shipping to more ecologically friendly materials and modes, as consumers favor environmentally sustainable products. Additionally, as consumers focus on obtaining healthier lifestyles and diets, they have begun to question the safety and purity of the water that bottled water companies are producing. Fiji Water has been affected greatly by all of these issues, as well as negative press about the socio-economic conditions of their souring location, and in 2008 was forced to layoff 40% of their staffing resources. With limited resources, an action plan going forward must be cost efficient and extremely effective. By analyzing and critiquing four potential strategic options, a rational next step for Fiji Water can be discovered. By supporting this plan with marketing tactics and communication, it can attempt to stimulate growth for the company. Current Overview: History: Fiji Water is bottled water artesian water that was founded in 1993 in Colorado and first produced and sold to the world...
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...qwertyuiopasdfghjklzxcvbnmqwertyui opasdfghjklzxcvbnmqwertyuiopasdfgh jklzxcvbnmqwertyuiopasdfghjklzxcvb AF301 ACCOUNTING THEORY nmqwertyuiopasdfghjklzxcvbnmqwer & APPLICATIONS tyuiopasdfghjklzxcvbnmqwertyuiopas dfghjklzxcvbnmqwertyuiopasdfghjklzx Group Seminar Report cvbnmqwertyuiopasdfghjklzxcvbnmq TOPIC:2 – CORPORATE SOCIAL wertyuiopasdfghjklzxcvbnmqwertyuio & ENVIRONMENTAL REPORTING pasdfghjklzxcvbnmqwertyuiopasdfghj klzxcvbnmqwertyuiopasdfghjklzxcvbn mqwertyuiopasdfghjklzxcvbnmqwerty uiopasdfghjklzxcvbnmqwertyuiopasdf ghjklzxcvbnmqwertyuiopasdfghjklzxc vbnmqwertyuiopasdfghjklzxcvbnmrty uiopasdfghjklzxcvbnmqwertyuiopasdf ghjklzxcvbnmqwertyuiopasdzxcvbnm STUDENT NAME MELISA SINGH ASHVINI SAHAYAM SHABINA FARNAAZ SHANEEL PRASAD KRITHNEEL SINGH TOTORIAL DAY / TIME TUTORS NAME GROUP MEMBERS STUDENT ID NUMBER S11066108 S11065177 S11065043 S11065627 S11065615 THURSDAY 8 – 10AM MISS FAZEENA HUSSAIN TABLE OF CONTENTS DECLARATION OF ORIGINALITY ........................................................................................... 3 ACKNOWLEDGEMENT .............................................................................................................. 4 IMPORTANCE OF ACCOUNTING FOR SOCIAL AND ENVIRONMENTAL ISSUES ......... 5 INTRODUCTION .......................................................................................................................... 6 THEORETICAL UNDERPINNING ...........................................
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...Alternative 1 12 5.1.1 Alternative 2 13 5.1.2 Alternative 3 13 6.0 Recommendations 13 7.0 Action Plan 14 8.0 Contingency Plan 15 9.0 Conclusion 15 10.0 References 16 Introduction FIJI Water was founded David Gilmour a Canadian hotel and gold mining mogul. In 1996, FIJI Water started its operations in the Islands of Fiji (McMaster & Nowak, 2009). They leased land from the Fijian government that was located on top of a massive artesian aquifer in the Yaqara Valley of Fiji's main island (McMaster & Nowak, 2009). FIJI Water was able to successfully attract consumers to its pure artesian water with slogans like "untouched" and "unpolluted" (McMaster & Nowak, 2009). With adopting a successful branding and marketing strategy, FIJI Water gained competitive advantage over its competitors through creating a unique brand image that is portrayed healthy, trendy, and high-end. Recently, FIJI Water has been facing heavy criticism not just for its carbon footprint, but also for its entire business model of shipping a product (water) to markets where high quality water is readily available for free. This report will discuss FIJI Water’s future options to become a genuine environmentally conscious/ sustainable company. 1.0 Problem Statement The primary problem in the case is that fundamentally the business...
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...agriculture around the world is rapidly polluting our ground water. The human population depends on ground water as our biggest source of drinking water. A few simple experiments have been done to find out what changes some of the contaminants cause in the ground water. Samples of tap water and bottled water were analyzed for safety. Chemicals such as oil, vinegar, and liquid detergent cause odor changes and color changes in the water samples. Using sand, charcoal and rocks formed a filtration system that was used to simulate how water is filtered. Tap water turned out to be the safest water to drink, which was rather surprising. The tap water had less contamination than the bottled water during the experiment. Introduction Clean water is a major necessity for our lives. Three-quarters of the Earth’s surface is covered by water making clean water for drinking and cooking an important issue. The majority of water on our planet is comprised of salt water found in the oceans. That leaves only three percent of the water on Earth freshwater. (Dale 2011) Human beings used 69.3 gallons of water per individual each day on average. (Dale 2011) Water is used to do our laundry, wash our cars, feed our pets, water the gardens and lawns we have. Water is used for us to take showers and baths not to mention what the farmers need water for. The wildlife need fresh water to drink. Unfortunately, clean and drinkable water is not always easy to get. Waterborne diseases are blamed...
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...Lab Report: Water Quality and Contamination Edward Minter Ashford University SCI 207: Dependence of Man on the Environment Lynn Carpenter Aug 10, 2015 Lab Report: Water Quality and Contamination Abstract The theory of common pollutants effects on groundwater was investigated and observed through the method of mirroring the wastewater treatment facilities filtration process. Groundwater quality was examined by testing contaminated elements surged into the water. The experiment study the effects of groundwater by evaluating water quality, water contamination, and quality of drinking water. Water quality is tarnished by pollutants resulting in contamination. Unfiltered ground water displayed the highest level of contamination. When groundwater is treated its quality improves. Dasani and Fiji bottled water preference was used. The data indicates groundwater quality is contaminated by common pollutants. Introduction This lab report explore vinegar, oil, and laundry detergent effects on groundwater. Considering most water contamination doesn’t just happen by itself. Water quality is a human problem because people willing or unwilling participate in the spread of pollution....
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...TABLE OF CONTENTS 1. INTRODUCTION...................................................................................................... 02 2. CONCEPTUAL FRAMEWORK............................................................................ 02 3. GLOBALIZATION OF FOOD SYSTEMS IN CONTEXT................................ 03 a. Urbanization.................................................................................................. 03 b. Economics, health and education................................................................. 04 c. Employment................................................................................................... 05 d. Technology and facilitating mechanisms..................................................... 06 4. CHANGES IN DIETARY PATTERNS ............................................................... 07 a. Dietary convergence ..................................................................................... 07 b. Dietary adaptation ....................................................................................... 08 i. Lifestyle changes and adaptation of meal patterns........................... 08 ii. Street foods......................................................................................... 09 iii. Supermarkets .............................................................................
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...A CASE STUDY ON BANKS IN FIJI COMPILED BY: SHINAL PRIYANKA CHAND 1 INTRODUCTION Fiji has a well developed financial system that not only is secure and sound but has remained flexible despite the recent global financial crisis. The strong involvement of the banking industry to the Fiji Financial System has been a major factor in this regard. Over the years the Banks have invested heavily in Fiji and have remained committed to delivering services that have helped shape and develop our country into what it is today. At the end of 2010 the commercial bank’s assets alone was approximately 42% of the entire financial system and this highlights the importance of this industry in the local economy. The value of total assets of the commercial banks at the end of 2010 was $4.5b and equates to around 75% of GDP. Commercial banks are financial institutions that primarily intermediate between the savers and the borrowers in an economy. They also buy and sell foreign currencies and facilitate trade and the transfer of payments both domestically and across international borders. It is these very transactions that help to pay for our salaries, the importation of goods and services that we use almost every day, and provide the much needed capital for investment. At the end of 2010, the total loan book value of all banks stood at $3.1b and this has grown by 159% over the last 10 years. Furthermore, Commercial banks play an important...
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...Helps With Muscle Growth, Which Can Benefit an Entire Economy. Kava has always been known for a relaxant that can cause health issues if used in large amounts. But there are also benefits to the plant as well. The South Pacific Kava plants roots provide a natural relaxant, while at the same time allowing an increase in muscle growth to increase as well. Since the economies of countries in the South Pacific such as Fiji are dependent on this plant; it can be sold for the use in work out supplements to promote muscle growth. Which the demand for new work out supplements is always at a high level and that is why the economy of Fiji would increase for growing this plant. The Kava plant is also known as the Piper methysticum. It is a perennial shrub and it is part of the piperacea family (Sarris and Scholey, 2012). Kava is from the South Pacific region of the world. This is one crop that truly only grows in this region. Seeing how it needs the warm weather and the moist ground in order to flourish (Sarris and Scholey, 2012). Although the plant only grows in the region of Fiji, the plant has not been needed in mass amounts as of now. This is because of the health issues to the liver that arose during the 1990’s, mainly Hepatotoxicity (Sarris and Scholey, 2012). The process in how the kava plant is consumed is fairly simple. The Kava plant has been found to have leaves that are toxic with alkaloid which means they cannot be used (Sarris and Scholey, 2012). The Kava plant is harvested...
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...Greenwashing According to Paetzold,(2010) greenwashing can be described as when you are trying to convince people that you are doing something good for the environment by being involved in small environmentally friendly initiatives, which in some cases can be used to hide environmental damage you may be causing. In this essay I will extend on greenwashing, supporting the definition. I will explain the reason a company may commit greenwashing, using a lot of TerraChoices’ ideas about greenwashing for support. I will also analyse the different forms (the sins) of greenwashing, supporting these ideas with examples of some of these sins being committed by various companies. Concluding the main body of my essay I will include some various ways greenwashing is attempting to be addressed, in particular by the federal trade commission with the green guide. According to TerraChoice (2010) there was a growth of 79% between 2008 and 2009 green products. With green marketing increasing, greenwashing is also increasing. Lane (2013, p.168) states greenwashing can be described as making false or misleading claims regarding purportedly friendly products, services or practices. As a result to the increase in knowledge of climate change and a range of other environmental issues consumers demand that products are more environmentally friendly and are sustainable. This has led to the increase of businesses to engage in greenwashing, or falsely advertising their products. The reason that greenwashing...
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...The Effect of Bottled Water Packaging on Consumer Satisfaction and Loyalty Summary: The survey questionnaires were distributed to 144 participant. Informed agreement was obtained from the participants. In addition, information and ID numbers was required. The participants were also informed about the purpose of the study. The purpose of this survey is to see how specific bottled water brand can affect consumer's loyalty and satisfaction. The collected information were analyzed and reported using Excel and bar chart. The core reason for which this method of data collection has been used is due to its external validity and for further understanding. As the participants for this study are spread across different regions of Kuwait including our university. Its external validity is quite high. This survey also concludes questions about the quality, shape, size of the bottle, and appearance of product. The main question was to know what brand people are loyal to and the reasons behind it. In addition, this survey showed us the difference between the two gender choices based on how old are they, their personal income, education, nationality, and profession. Analysis: In terms of the huge amount of information collected, it was found out that there are seven highly important questions that needs to be discussed specifically. Question: 1. How often do you buy Bottled water? It was concluded from this question that most people often buy bottled water between all of the choices...
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...The Effect of Bottled Water Packaging on Consumer Satisfaction and Loyalty Summary: The survey questionnaires were distributed to 144 participant. Informed agreement was obtained from the participants. In addition, information and ID numbers was required. The participants were also informed about the purpose of the study. The purpose of this survey is to see how specific bottled water brand can affect consumer's loyalty and satisfaction. The collected information were analyzed and reported using Excel and bar chart. The core reason for which this method of data collection has been used is due to its external validity and for further understanding. As the participants for this study are spread across different regions of Kuwait including our university. Its external validity is quite high. This survey also concludes questions about the quality, shape, size of the bottle, and appearance of product. The main question was to know what brand people are loyal to and the reasons behind it. In addition, this survey showed us the difference between the two gender choices based on how old are they, their personal income, education, nationality, and profession. Analysis: In terms of the huge amount of information collected, it was found out that there are seven highly important questions that needs to be discussed specifically. Question: 1. How often do you buy Bottled water? It was concluded from this question that most people often buy bottled water between all of the choices...
Words: 1435 - Pages: 6