As a company, Volkswagen knew they were breaking the law. However, they did not believe they would be punished for the charges. The company stated they wanted to make sure their employees did not get caught up in the mess. With thousands of cars on the road, getting caught on the wrong side of the law can be disastrous.
When it comes to your health, Volkswagen should not be worried. Even though the company did break the law, the penalties are not likely to be severe. The penalties are usually more on business than for personal crimes. Volkswagen should not hold their breath and wait for the worst to happen.
The Volkswagen scandal has many of the same elements as the Enron case study solution. It has fraud, deception, and people who have abused the trust of others. There is much fraud that will be revealed in the future and a lot of money will be lost.
The VW case study solution is similar to the one from Enron. The goal is to prevent the situation from going any further. The end result is the same for both cases.
VW has already caused damage to its reputation. They took shortcuts and made large financial losses. The end result is huge losses and the worst thing is some of the deals were even presented to other leaders. Now it will be harder for Volkswagen to gain sales if it is public knowledge they have been taken advantage of.
The Volkswagen case study solution has a direct impact on consumers. It has led to billions of dollars of losses for the company and millions of dollars lost in wages for their employees. People could face health problems in the near future.
The problem with the Volkswagen case study solution is that the people affected by the scandal are mainly average consumers. No one knows if they will be able to get back the money they have lost. Some people have been able to settle with just a small percentage of their original investment. The people who have lost money are unlikely to get back everything they have lost.
The best way to avoid the Volkswagen case study solution is to be prepared for the worst. You need to keep a very good record of your car payments and learn from past mistakes. You need to be able to walk away from a financial loss without a heart attack or bankruptcy.
You should also avoid being so quick to judge another person because of past and future situations. Your judgment may not always be the right one. A perfect example is Ted Bundy. His judgment was so quick to make judgments he was just a danger to society and could not remain free of suspicion.
While the Volkswagen scandal is an unfortunate event, it could be beneficial for the company. The perception of the public may change and demand more from them. By proving they can create a car with reliability and quality they will gain a very important consumer segment.
People need to watch out for their own body language and not accept things at face value. You should have your own opinions about people and situations before you take a stand on what is a reasonable response to something you might be dealing with. It is wise to be prepared and aware of what is going on when the time comes.