Velsicol Case

|
|
|
CONTEXT:
Nathan Scott is the managing director of VELSICOL EESTI AS, which is a juncture venture in the midst of VELSICOL CHEMICAL CORPORATION (an American community specialised in producing petrolium derived chemicals) and Estonian Government.
After creating VELSICOL EESTI AS in 1995 and setting its missions and goals, Nathan Scott has to slide down a new culture and new procedures in the company whose employees were far from american business culture; as an practice they didnt never care somewhat quality, customer, cost, ….

1. THE STAKEHOLDERS:
The vesticol Easti is a joint venture between two entities coming from assorted contexts and having different identities. The shareholders are:
* Vesticol Chemical corp that has 80% of the ownership with commitement to authoritative amount of new investment and a minimum holding of employees;
* Estonia Governement that hold the rest of the ownership and act as the contractual supplier.
As the stakeholders of the company include all the parties that have an absorb on the future of the company and should be aware about its strategical decisions, then we can consider the following entities as main stakeholders of Vesticol Easti :
* Shareholders
* Employees
* American Government

2. WHAT ARE THE OBJECTIVES OF EACH STAKEHOLDER?




The objectives of stackholders can be listed as bellow:
* Shareholders objectives:
* To achieve and sustain a globally competitive position as a benzoic venereal infection producer
* To establish a competitive benzoic acid derivatives business
* To agnise excellent returns for shareholders
* To operate safely, ethically and with high social standards

* Employees objectives :
* To be well paid with wages and jobs being guaranteed

* American administration :
* Support the interests of the parent company in Estonia
* Maintain satisfactory relations with Estonian government in order to grow more opportunities in the country

3. AS NATHAN...If you want to get a full essay, order it on our website: Orderessay



If you want to get a full essay, wisit our page: write my essay .