What more needs to be said.
Sign up Log in 1. If you were in charge of Carnival, how would you a try to prevent these threats from becoming reality, and b deal with them if they were realized?
While the potential market for Carnival seems very attractive, port capacity could well become an issue. The deep water and the massive facilities required to dock a liner in any port are limited.
In addition, there are passionate cries from environmentalists regarding the damage pollution of the seas, disorientation of sea mammals caused by the noise of the propellers, etc.
Should there be a major global economic disaster or a global health pandemic, the cruise line industry will surely suffer. To proactively deal with the possibility of a downturn, Carnival should invest heavily in research and development in order to continually minimize the environmental impact of its ships and their operation.
If Carnival finds that it must react to a downturn, it should always think in terms of all of its stakeholders, not just its stockholders.
Of course, it will want to minimize any damage to its operations and profits. However, given the immense size of the firm, it may also be possible for Carnival to reach out to others such as providing liners to be used as housing for workers, as in the case of Hurricane Katrina.
Carnival will be better served by a long-term rather than a short-term orientation. Reflective Thinking Skills 1. This is definitely a complex issue. Their supporters also argue that the lost taxes are at least to some extent indirectly offset by port fees and passenger spending, and that the taxes realized by less developed countries are important contributions to their economies.
However, others argue that the less restrictive staffing, safety, and operating requirements associated with flags of convenience are intolerable. They argue that lesser standards pose both safety and environmental hazards and that in the long run, the costs to society are high.
They feel strongly that if shipping lines receive government subsidies on the one hand, it is immoral and should be illegal for them to avoid paying taxes on the other.
To become familiar with different ways in which a company can accomplish its global objectives, AACSB: The Globalization Process Exercise 1. Ask students to identify firms, both domestic and foreign, that operate internationally.
Take time to explore the extent and nature of their operations. Also, discuss a logical geographical pattern of expansion for each type of operation.January Issue No. Inside this month’s issue . OUR STORY OF THE MONTH: Pinnacle of Bull-Headed Stupidity: Plopping a 5,Cow CAFO on Low-Lying Acres.
Discuss the ethics of cruise lines regarding the avoidance of income taxes while buying ships built with governmental subsidies? Q: The United States and France are more culturally similar to The United States and France are more culturally similar to the UK than are Thailand and South Korea, yet Tesco failed in the former two and has been.
6) Discuss the ethics of cruise lines regarding the avoidance of taxes while buying ships built with governmental subsidies. Answer: Carnival paying taxes only on revenues from princess and Holland America’s sales of U.S. hotel and tour packages.
The International Man's Glossary A-Z: colloquialisms, concepts, explanations, expressions, idioms, quotations, sayings and words. For example, most shipping lines choose to flag their vessels in countries such as Liberia, Mongolia, or Panama because of the lower taxes and less stringent employment practices required by the.
Discuss the ethics of cruise lines regarding the avoidance of taxes while buying ships built with governmental subsidies. Respond to at least two of your fellow classmates’ postings.