Demonstrate ability in incorporating the wider business context implications in a comprehensive research based report on the solution to a professional accounting, management and/or public relations problem in a practical business setting
Answer:
A study of Amcor Company in Australia
In this paper, we shall discuss Amcor Limited Company which is a major packaging industry not only in Australia but also in the whole world.
The company is famous for producing rigid plastic containers which are used in packaging of beverages and food products and sells its containers within Australia and other regions of the world such as Western Europe, North America, New Zealand, among many other regions across the whole world.
The major problems faced by the company
Amcor Company faces very many problems where the main problems are:
Financial problems especially in the Venezuela region where even getting enough finances to run the company is a problem. Cultural problems since the company operate in different cultures. Corruption or the bribery cases experienced in the company.
Recommendations to address the major problems
The main recommendations which can be taken to address the main problems are:
To address the financial problems especially in the Venezuela region, the company should strive to have frequent market assessments. With frequent market assessment, the company will be able to implement better strategies which will help the company to make good profits and thus use the profits to help in solving some financial problems.
To address the cultural problem, the company should implement some aspects which will help to make sure that the culture of the business adapts the culture of the surrounding societies.
To address corruption or bribery cases, the company should put some strict measures against bribery in its operations and those caught with bribery cases should be severely punished for their actions.
The career plan
Having gained knowledge and skills on how to identify and solve the issues that face many organizations, I will make sure to utilize these skills and knowledge to my best to make sure all the organizations I work for will benefit in a great way.
I’ll advise the organizations on how they can identify the problems or the risks they are likely to face and some of the possible measures they can implement to address those risks or problems if they attack them.
References
Deresky, H., 2017. International management: Managing across borders and cultures. Pearson Education India.
Guo, Q., 2018. Rhetoric in financial reporting: evaluation of ISA 720.
Dalgleish, A. and Challis, L.T., Amcor Ltd, 2014. Bulk packaging multi-wall sack and apparatus for manufacturing the sack. U.S. Patent 8,646,974.
Sultanbawa, Y., Duong, M.S., Sanderson, J., Cusack, A., Chaliha, M., Currie, M., Pun, S. and Smyth, H., 2014, August. Evaluation of packaging films to extend storage life of indigenous Australian vegetables and herbs. In XXIX International Horticultural Congress on Horticulture: Sustaining Lives, Livelihoods and Landscapes (IHC2014): 1102 (pp. 183-190).
Cohn, T.H., 2016. Global political economy: Theory and practice. Routledge.
O'brien, R. and Williams, M., 2016. Global political economy: Evolution and dynamics. Palgrave Macmillan.