EDIBM/103 Sustainability and Business: Volkswagen Scandal Case Study
VerifiedAdded on 2023/04/23
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Case Study
AI Summary
This case study delves into the Volkswagen emission scandal, revealing how the company cheated on emission tests, leading to significant environmental pollution and a drastic fall in its stock price. The scandal cost Volkswagen billions in remediation and severely damaged its brand image. The case explores how CEO Muller should handle the situation by listening to his team, fulfilling promises to regain consumer trust, and implementing effective strategies. It also examines the roles of the Human Resources and Research & Development departments in addressing ethical issues and rechecking software. Furthermore, the case discusses rebranding steps, posting a bond, and collaborating with agencies as potential solutions. The conclusion emphasizes the importance of sustainability in business growth and highlights the need for companies to adopt sustainable practices to achieve long-term success. Desklib provides similar case studies and solved assignments for students.
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