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What Went Wrong with VW Paper

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Running head: WHAT WENT WRONG WITH VW?
What Went Wrong with VW?
Student’s Name
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WHAT WENT WRONG WITH VW? 1
Executive Summary
Volkswagen in a German car manufacturing company which was caught up in a scandal
in the year 2015 (He, 2018).The report analyses the background of the issues that caused this
situation using various literature to back the claims. More so, the paper analyses the problems
that the company encountered and possible alternatives for how the Volkswagen Company could
avoid such issues. More so, the paper provides recommendations for the company. The problem
that Volkswagen encountered resulted from the greed to maximize profits, unethical corporate
culture, poor corporate governance and irresponsible management.
The report recommends various alternatives that could be utilized to correct the situation.
Currently, Volkswagen is suffering from severe legal and financial harm that threatens the
survival of the firm in the long run. Therefore, the firm needs to start Balancing the Profit
Making Objective with Corporate Social Responsibility. Otherwise, it would increase the profits
at the expense of harming the customers and the environment in general. The company should
also Change business culture to ensure it’s more accommodative to the employees and Corporate
Social Responsibility requirements. More so, the firm should change the corporate structure by
even hiring managers who are responsible and trustworthy. The management should offer direct
supervision to all the junior workers to ensure every action they undertake aligns with the
objectives of the company.

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Running head: WHAT WENT WRONG WITH VW? What Went Wrong with VW? Student’s Name Institution Date WHAT WENT WRONG WITH VW? 1 Executive Summary Volkswagen in a German car manufacturing company which was caught up in a scandal in the year 2015 (He, 2018).The report analyses the background of the issues that caused this situation using various literature to back the claims. More so, the paper analyses the problems that the company encountered and possible alternatives for how the Volkswagen Company could avoid such issues. More so, the paper provides recommendations for the company. The problem that Volkswagen encountered resulted from the greed to maximize profits, unethical corporate culture, poor corporate governance and irresponsible management. The report recommends various alternatives that could be utilized to correct the situation. Currently, Volkswagen is suffering from severe legal and financial harm that threatens the survival of the firm in the long run. Therefore, the firm needs to start Balancing the Profit Making Objective with Corporate Social Responsibility. Otherwise, it would increase the profits at the expense of harming the customers and the environment in general. The company should also Change business culture to ensure it’s more accommodative to the employees and Corporate Social Responsibility requirements. More so, the firm should change the corporate structure by even hiring managers who are responsible and trustworthy. The management should off ...
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