Chiquita 1Who or what to blame for Chiquitas monetary difficulties? The main reason for Chiquitas financial problems was the inappropriate management. The autobus did not understand the situation in the international market in 1993 well and was not stimulate to change the federations international outline regarding new quotas from EU, as it did other(a) banana trees exporter companies. As Chiquita was greatly dependent on European market, the main precedency for it should tolerate been the good relationship with EU authorities. Also the manager could sprightliness the situation and change the slur of raising bananas from Latin the States to countries EU indispensabilityed to help. 2.What the implications if Chiquita prevails and the EU is pressure to suppress its quota regime? What argon the implications if the EU refuses to change its quota policies? Under the capital of Togo normal the EU utilize to agree to buy 8% of its bananas from origin colonies in the Caribbean. These banana sales argon of import to the livelihoods of 200,000 volume in countries where unemployment judge be 30-50%. The Chiquita Company is a U.S. company that owns banana plantations in Colombia, Costa Rica, Honduras and Panama where thousands of underpaid workers are loose to dangerous pesticides and unions are banned. Chiquita supplies 50% of the EUs banana imports severally year, save wants an even bigger market share.
Chiquita grows no bananas in the US, except few geezerhood after the corporation donated $500,000 to the democratic ships company the Clinton/Gore judiciary filed a complaint with the WTO on behalf of Chiquita. The WTO govern in party favor of the U.S. and Chiquita. The EU initially refused to honor with the WTO ruling, Chiquita hence donated $350,000 to the Republican troupe and the Republican-dominated Congress prepared decree to raise tariffs on goods merchandise from the EU as penalisation for refusing to comply... If you want to get a full essay, order it on our website: Ordercustompaper.com
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