This case scenario examines the career of Marc Rich, the planet's leading commodity dealer before his criminal indictment in America in 1983. The case studies the historic increase from the late nineteenth century, especially in alloys, of commodity trading, and its own evolving forms as authorities intervened after 1945 in markets.
Marc Rich and Global Commodity Trading Case Study Solution
Rich joined Philipp Brothers, then the largest commodity trader, in 1954. He formed his own firm two decades after. He assumed a pivotal role in the industry during the 1970s by selling Iranian oil to Israel and South Africa, and was instrumental in the introduction of a spot market in petroleum. The case provides a method to explore the rationale and advantages of giant commodity dealers, together with enabling pupils to debate with corporate usage of tax havens.
PUBLICATION DATE: June 21, 2012 PRODUCT #: 813020-PDF-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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