Please enable JavaScript.
Coggle requires JavaScript to display documents.
The Broken Trust - Coggle Diagram
The Broken Trust
Issues/ Problems
-
fraud issues
There is a lot of fraud happen in this company such as a delivery order has been place 3 moths before the delivery
abuse of power
Peter used his power towards Dorothy Chen where if Dorothy do not want to do the task, she will be fired just like the previous employee
money embezzlement
The overpriced raw material, the excess of that money is being transferred to purchase the land of BeautyTech
-
-
bias
The chairman of Hybiscus gives too much trust to Peter and did not take the complaints from other employee about Peter seriously and appropriately
loyalty
There is lack of loyalty from the persons involved with this case towards Peter as it is easy for them to tell Aeron and his team about what Peter's plan is
-
breach of policy
Hybiscus's policy state that revenue is being recognised upon the delivery of products and when the risks and rewards of ownership have passed to the customer. However, that is not the case for the last 3 years under Peter's management in Hybiscus
lack of internal control
Dorothy Chen is the only one who has access to the accounting system and software causing her to do the manipulation easier
multiple directorship
Peter is a director in Hybiscus and BeautyTech. However, his directorship in BeautyTech unknown towards Hybiscus
-
-
-
-
intengrity
The integrity of those who involved such as Peter, Dorothy Chen, Keith Ong and others are questionable
-
Background
-
Person involved
Peter
(Hybiscus)
- initially enter as assistant chemis
- get degree, became chemist
- after earned Ph.D, became senior vice president in charge of operation
- then, became the director, followed by being the managing director
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-