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Academic And Professional Skills

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Added on  2020-10-05

Academic And Professional Skills

   Added on 2020-10-05

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AcademicandProfessional Skills
Academic And Professional Skills_1
EXECUTIVE SUMMARYEthics is an important part which should be followed by everyone. Concept of philosophy hasbeen provided in it which govern rightness and wrongness of acts of an individual. The reporthas been drawn on Volkswagen emission scandal happened in 2014, whereby approx 600,000cars were recalled for repair. This lifted the veil which provided findings about 11 millions carswere built with defeat devices and failed to comply with emission standards. Further, a detailedanalytical part have been mentioned showing the impact of this incident. This includes effects inrevenue, share price, public relations and regulators. It was clearly an ethical mistake for which afine of $2.7 billion was imposed by US environmental authority. This resulted in huge financialloss which the company is still recovering. Number of customers were reduced after this incidenthowever, it raised its internal techniques to launch cars with improved technologies which metwith minimum standards. Further, recommendations have been provided to make it easy for thereader what more could be done in order to avoid such mistakes in future.
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Table of ContentsEXECUTIVE SUMMARY.............................................................................................................2INTRODUCTION...........................................................................................................................4MAIN BODY...................................................................................................................................4CONCLUSION...............................................................................................................................8RECOMMENDATIONS.................................................................................................................8REFERENCES..............................................................................................................................10
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