Abstract
This article aims to explore the application of management control systems in business processes during Ericsson’s operation in China until 2016. It employs PEST Analysis and Porter’s Five Forces Model to conduct commercial analysis on Ericsson, and defines accountability in the context of the bribery incident, drawing from relevant literature. The research applies the Fraud Triangle as a basis to describe the circumstances surrounding the control failures and suggests two solutions that could have mitigated the failure. Finally, it evaluates the accountability provided by Ericsson in response to the control failure.
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