Current Event Presentations  Teams  Topics  ABC Analysis.

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Presentation transcript:

Current Event Presentations  Teams  Topics  ABC Analysis

How do they fix it?! T. L. Ceranic

Business & Society (ETLW 302) Specific challenges faced  Differing political beliefs  Sanctions

Labor regulations/standards T. L. CeranicBusiness & Society (ETLW 302)

UN Global Compact  1: businesses should support and respect the protection of internationally proclaimed human rights  2: make sure that they are not complicit in human rights abuses  3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining  4: the elimination of all forms of forced and compulsory labour  5: the effective abolition of child labour  6: the elimination of discrimination in respect of employment and occupation  7: businesses should support a precautionary approach to environmental challenges  8: undertake initiatives to promote greater environmental responsibility  9: encourage the development and diffusion of environmentally friendly technologies  10: businesses should work against corruption in all its forms, including extortion and bribery

Other Codes of Conduct  OECD Guidelines for Multinational Enterprises  Global Sullivan Principles  Caux Principles T. L. CeranicBusiness & Society (ETLW 302)

Is it enough?  Sweatshops and child labor Sweatshops and child labor  Human trafficking Human trafficking T. L. CeranicBusiness & Society (ETLW 302)

Interconnected economies T. L. CeranicBusiness & Society (ETLW 302)

Cultural Differences

“Fighting is in our DNA.” -Dana White

What’s their best option?  What needs to happen to decide the country that is the best “fit” for UFC?  China  India  South Korea

How to proceed?  What types of entry options exist?  What changes would you make to the product?

So what did they decide?

China  TUF China – December 7, January 26, Finale: March 1 st in Macao -Kim Dong-Hyun “Stun Gun” – Cung Lee = mentor – Some issues…  Office IN China

India  TUF India – Announced as partnership with Sony Six  Looking to do several live events in the area

S. Korea  New fighters – Chan Sung Jung – Dong Hyun Kim  ‘Korean Zombie’ says UFC needs to show more sensitivity toward Asians  Live event in Singapore

What Lorenzo knew: =

Solid organizational decisions utilize  Ethics – Individual – Organizational  Stakeholder analysis  Cultural awareness

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