Discussions- International Finance
Listen to the narrated PowerPoint for the Chapter 4 Mini-Case: Volkswagen’s Defeat Devices and Stakeholder Control. This case discusses the events concerning Volkswagen’s scandal concerning its diesel engine emission control systems and the actions of Volkswagen’s stakeholders.
Please provide at least 1 (one) well- written and well-reasoned answer to the following discussion questions
Discussion Questions:
- Why did Volkswagen’s leadership decide to use defeat devices?
- Who controls the strategic and operating decisions at VW?
- Describe the various stakeholders and their individual interests in VW. Whose interest dominated in the decision to pursue the defeat device strategy?
- How did VW react to the discovery of its deceit? Do you think this was the proper crisis management response? What would you recommend that they do differently-next time?
Submission Instructions:
All responses in this discussion forum must be professional, well-reasoned, well-written, and free from profanity. This discussion assignment should reflect the fact that this is a written product for a graduate professional program. All responses should be professional, and if you disagree with a submission, keep it professional. Make any criticisms constructive. If ideas are not your own, please reference them with the appropriate internet link or written resource link. v