Essays on Bankrupt

A private club refers to any type of a club that is limited to private members thereby implying that it is not open to the public. It brings out the difference between a private club and a restaurant where the restaurant is open to anyone who can pay the menu process while the club is limited to private members (Davis et al. 34). The customer base is comprised of the registered members in addition to guests or new members, who have been accepted by board members after being recommended or sponsored by an existing member of the club. After ...

Question 1 Response: Creating a new Constitution was vital to the unity of the United States of America since the Articles of Confederation weren’t sufficient for good government. If there was any evidence of this, it was that the United States was clearly bankrupt and now needed to be organized in such a manner that both the States and the Federal government had to share power in such a manner that everyone’s interests were kept in mind. A centralized approach was key to putting the country back on track. Hence, a meeting was held in the Pennsylvania ...

The history of Chrysler Group LLC is full of events and is known for its ups and downs. Chrysler Group LLC was on the third place among US automotive companies. During the sixties, company is very firmly on her two feets. But ill-conceived management has brought a lot of troubles. It all started many years ago. It started in the early 50s. All companies producing cars with streamline form. But Chrysler produce cars with a rectangular form, very reminding a combination of rectangular boxes. In the early 60s the consumer wanted to get big and comfortable cars. But the ...

Meaning of Chapter 7 liquidation and Chapter 11 reorganization

Chapter 7 liquidation entails a bankruptcy proceeding whereby a company or any other business organization closes all its operations and completely get out of business. Essentially, liquidation involves converting sellable company’s assets into cash. Therefore, Chapter 7 liquidation is a procedural undertaking which involves appointing a trustee to liquidate or sell the assets of the company that has been declared bankrupt, and use the proceeds from that liquidation to clear the debts owed by the company. The Chapter 11 of federal bankruptcy law is a legal proceeding in which companies are required to reorganize themselves. Reorganization of companies ...

INVESTING IN THE FUTURE

Question 1: Discuss the role of investing in personal financial planning. It has been gathered from the case that Sam Johnson is a hard working guy and he has defined some financial goals for himself. He is about forty years of age, enjoys a great job and ensures that he pays his bill on time. He plans to retire at the age of sixty and he wishes to have enough savings so that he could send his young kids to college when they grow up. In order to ensure that he has ample amount in his savings before retirement, ...

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Introduction

The failure of Enron due to unethical practices had served as a lesson for the entire world. Firstly, it was first of its kind and secondly, there was a chain reaction of wrong actions to cover up smaller misdoings. Every field of study tried to find out the real reasons of failure of Enron as a corporate. Some claimed it to be financial failure, some as leadership failure, some as cultural failure and some as corporate governance failure. This case is one of the basics to understand corporate social responsibility and implications of failure to ...

Introduction . 2

Analysis .. 3 1) Structural Characteristics . 4 2) American Apparel mission statement 5 3) Organizational Structure .. 6 4) Porter’s Competitive Strategy . 7 5) The External Environment 8 6) Stages in the lifecycle, size, and control system .. 9

Recommendations and implementation plans 11

References . 12

1.Executive summary The issue that the American Apparel’s organization is facing is that they have a very unique strategy to run the business more effectively than its competitors; unfortunately, this strategy did not meet the external environment needs. Therefore, they had to lay off hundreds of workers and retooling its production process in ...

The company that was chosen to be discussed in this paper is Handy, formerly known as Handy Book. Handy is a startup firm. It operates in the information technology industry. Its business model can be compared to the likes of Uber and Air Bed and Breakfast. This means that its business model is based on the on-demand economy. Handy generates revenues via commissions. It enables people who do repairs find work using their existing pool of clients. Their commission then can be classified as payment that the individual contractors and clients have to pay for using their platform. The ...

2008 Financial Crisis 2008 Financial Crisis The Financial crisis in the year 2008 affected globally. The onset of the recession started with the huge flow of money in the American economy. During the year 2001 U.S faced  recession but for a short span of time. In order to recover the economy the Federal Reserve lowered the interest rate from 6.5% in May 2000 to 1.75 % in December 2001. Money was cheaper and investors invested more money in the economy. This was the beginning of the problem. The trigger of the crisis was the housing bubble.

As credit was easily ...

Introduction

In late 2007, the Dow Jones Industrial Average (DJIA) closed at a record low. Stock markets around the world nose-dived alongside the DJIA. Turbulence in the sub-prime segment of the US housing market, paralysis of the credit markets, excessive lay-offs in organizations, steep decline in investments etc. were all some of the indicators that the world was heading for a massive credit crunch. In the words of Mr. Strauss-Kahn, head of IMF, “Intensifying solvency concerns about a number of the largest U.S.-based and European financial institutions have pushed the global financial system to the brink of systemic meltdown” (BBC ...

Audit and Internal Control

Question 1 - Relationship between the Concepts of ‘Business Risk’ and ‘Financial Statement Risk’ The business risk and financial statement risk tend to have a direct relationship with one another because occurrence of business risks, if not addressed by the internal management of ABCDE Company in a timely and wise manner, will potentially result in material misstatements of the figures in financial statements of ABCDE Company. For instance, due to increase in competition, the demand for cleaning equipment sold by ABCDE Company to commercial cleaning contractors decreases which itself is identified as a business risk for ABCDE Company. Due ...

Introduction

The main objective of entrepreneurs is to achieve profitability and growth of their ventures. Most of the entrepreneurs who have saturated their domestic markets seek to globalize their operations to increase profitability and achieve growth (Vinturella & Erickson, 2013). Globalization of business operations involves various considerations to facilitate the assessment of the viability of business expansion. Primarily, organizations seeking to go international must consider their financial capabilities and the risks involved (Vinturella & Erickson, 2013). Entrepreneurs can expand their businesses by increasing production and exportation or establishment of operating plants in different countries. This paper will answer various questions regarding the ...

Delta Airlines

Delta Airlines began its business as a crop dusting company in the early 1920s with guiding principles that defined the organization to include ownership of values and setting up a system that guided the organization. The owner of the company, Mr. C.E. Woolman believed that integrity was of importance as well as being successful at whatever was attempted. This set the guideline for the company that is still present (History of Delta Airlines, 2016). The company has managed to be successful through many changes within the airline industry to include rising fuel prices, air fare wars, and the filing ...

In the case study, it is pointed out that all through the late 1990s, Enron Corporation was nearly universally regarded as being among the country’s most innovative corporations (Li 37). The company went on building power plants and operating gas lines; however, it turned out to be well known for its exceptional trading business. Apart from buying, as well as selling, electricity and gas futures, it engaged in the creation of entirely fresh markets for such eccentric ‘products’ “as broadcast time for advertisers, weather futures, and internet bandwidth” (Li 37). Enron Corporation was established in 1985, and being ...

The film Too Big To Fail (2011) tells a story of the events that took place in 2008 in the financial industry in the USA when several largest financial service companies including Lehman Brothers faced bankruptcy due to the subprime mortgage crisis that hit the USA. Lehman Brothers was the fourth largest bank in the USA and it was surprising to see that the Federal Reserve did not help this bank to survive by offering extensive financial support. Instead the Federal Reserve wanted to make the other largest banks like Goldman Sachs, Merrill Lynch, etc. to purchase Lehman Brothers ...

Financial crisis of 2008 was caused by one of the biggest managerial mistakes, and some people think that the crisis is not over yet. The financial crisis of 2007-08 was caused because many wrong decisions were made by the top managers of Wall Street banks and institutions, and government officials that tried to support the shadow banking system. Before the crisis, Wall Street banks and funds were trying to maximize their revenues, and they found some gaps in the existing regulations, which helped them trade high-risk securities with almost no limitations. Some banks and funds have invested billions into ...

The economy is made up of three main sectors; private, public, and the social economy sector. The private sector comprises of businesses, while the public sector is mainly the government. The social economy sector is composed of non-governmental not for profit institutions and organizations, cooperatives, charitable organizations, and social enterprises (Neamtam 1). A social economy can be said to be a distinct financial system established with the aim of improving the wellbeing of the communities, both socially and economically. The social economy has been in existence for a long time, although the first application of the cooperative principles to ...

Introduction

Money plays a vital role in the determination of income and employment . interest rate are a significant determinant of aggregate spending ad the Federal Reserve which controls the money growth and the interest rates is the first institution to be blamed when the economy of in trouble. Now the question arises what is money.

Money Definition

Money is a medium of exchange. Money is divided into commodity money and token money. To some economist there is difference between commodity money and token money. A commodity money is a medium of exchange which has a commodity value as distinct from a value ...

Introduction

The year 2007-08 brought nightmares for the US economy and its participants because least anyone had expected that the world’s biggest economy will cripple and face the worst ever recession after the Great Depression of 1929-1930. While Wall Street lost more than trillion dollars in value, thousands of Americans were left unemployed and the businesses, even the one who had more than 100 years of their presence in the United States, were filing for bankruptcy. On the other hand, Federal Reserve Bank, which once cited economic bubble as the natural event that cannot be prevented( courtesy the ideology ...

The French revolution is an exercise which saw the French people redesign their political landscape and the ultimate overthrow of the monarchy which began in the year 1789 and came to an end in the late 1790s. The French revolution just like the American Revolution which had occurred before took place majorly as a result of the Enlightenment ideals such as the sovereignty and also the rights that can be said as inalienable. It can be said that the revolution was not much successful in terms of achieving its intended goals but on the other hand it showed to ...

Introduction

Carvajal S.A is a family business which was founded on the 29th October 1904 and is located in Cali, in Columbia. The business was founded by a man by the name Emmanuel together with two of his eldest sons. The business began as a printing and publishing business. It has since expanded into the sale of notebooks, yellow pages and office furniture even outside the country. With the emergence of new consumer trends such as the internet, the business is faced with a lot of competition such as the availability of the services provided by the business over the ...

1. The Retail Failure Case 1.1. Introduction Current report sets out to discuss and analyzes one of the greatest failures in the sector of delivery and logistic services. City Link had been a big courier company headquartered in Coventry, UK. It was founded in 1969 and after 45 years of presence in the market, it went into administration in January 2015. The company announced its intention to enter administration on the Christmas Day in 2014 after clearing all its Christmas deliveries and it was a shocking as well as bad news for its above 2500 employees working in its ...

Introduction

In his case, Ferrell (2012) discusses Enron Corporation from when it was formed, when it collapsed and all that followed after its collapse. Enron Corporation is an American company headquartered in Houston, Texas. This company was formed in the year 1985 through the merging of two gas pipeline companies. Enron Corporation deals in products and services such as natural gas, and also electric power generation and distribution. However, in the year 2001 when Ken Lay was the Chief executive officer and at his time of his stepping down, Enron was faced with financial problems which eventually led to its ...

Study

CONTENTS

Introduction 3

Question 1 – Market Structure Definitions 4 Question 2 – Unique Resources of Quasar Computers 5 Question 3 – Oligopoly and Competition 6 Question 4 –Porter’s Generic competitive strategies for different types of the market 6 Question 5 – Porter Five Forces Ranking and Attractiveness of Perfect Competition for Computer Industry 8 Conclusion 9

References 10

Introduction Throughout the history of the humankind, different markets have been tested by the economies (Frank, 2008). Despite the fact that advantages of ones and deficiencies of others types of market have been respectively eulogized or vigorously criticized by the different scholars, the practice ultimately revealed that ...

National Labor Relations Board (NLRB)

The NLRB is a government agency with two major responsibilities which include conducting elections for the labor unions representation and conducting investigations and remedying unfair labor practices in the country. The body ensures the protection of the employees' rights by the employers through justice to the employees and also protecting and promoting the collective bargaining power through labor unions. The body was formed in 1935 at the heights of US industrialization where labor unions formed to protect the rights of the employees by the employers. Its mandate was primary to reduce the unfair labor practice and to strengthen the ...

Analysis of a Panic of 1907

The world has a witnessed some global financial crisis. The most notable one is the great depression that had severe impacts on the economy of the world. Developing nations were adversely affected by the crisis that hit many free markets. Nevertheless, the 20th century was marked by a panic, which ensued on the Wall Street. The aftermath is that American economy and Europe was not spared either as well as the rest of the world. The main aim of this exposition is to analyze the book The Panic of 1907; lessons learned from the Market’s Perfect Storm by ...

Profit Wheel Analysis

Cash Wheel This part of the profit wheel is composed of the operating cash, inventory, accounts receivable, and sales. The main question therefore is whether the company has enough inventories, accounts receivable, operating cash, and sales to switch to a private brand of coffee. The answer to which would be a yes. In terms of cash, the company posted an initial cash of 1.121 Billion ITL at the start of the year; the composition of private coffee sales on total sales is continuously increasing month on month and the same goes for the account receivables as well.

Profit Wheel

Sales, investments ...

Many multinational corporations have a problem balancing ethics and value maximization. However, Starbucks does not have a very large problem with it because the ethics and moral responsibility is apparent in their decision making. According to their Business Ethics and compliance statement, Starbucks believes that conducting business ethically and striving to do the right thing are vital to the success of the company . Since Starbucks is traditionally known for their overpriced coffee the consumer is paying for their moral choices nonetheless. However there are some examples of questionable decisions that have been reported.

Questionable Practices

Starbucks is extremely understood furthermore thought ...

Introduction

NUCOR Corporation is an American-based steel company that was incorporated in 1955 (Thompson 330). By then, the company was referred to as the Nuclear Corporation of America, and the incorporation resulted from merger. This merger was prompted by the bankruptcy that the company had experienced in 1950. The Company has its headquarters in Charlotte, North Carolina, and it was America’s second largest steel manufacturing firm by the year 2012. One of the company’s greatest reputations was the success in profitability by 2012. In 2012, NUCOR had a continuous profitability trend for decades (Thompson 330-331). However, like any ...

Question 1: What is Cineplex’s Altman Z-Score for 2013 and 2014?

Z = 1.2X1 + 1.4X2 + 3.3X3 + 0.6X4 + 1.0X5

Where:

X1 = Net Working Capital/Total Assets (it measures liquidity) X2 = Retained Earnings/Total Assets (it measures the cumulative profitability) X3 = Earnings before Interest and Tax/Total Assets (it measures the return on assets) X4 = Equity Market Value/Book Value of Liabilities (it measures the market leverage) X5 = Total Revenue/Assets (It measures the revenue generating potential of total assets) X1 = Net Working Capital/Total Assets = -184,021/1,609,416 = -0.11 X2 = Retained Earnings/Total Assets = -123,771 / 1,609,416 = -0.08 X3 = Earnings before Interest and Tax/Total Assets = (97,415 + 21,948) / 1,609,416 = 0.07 X4 = Equity ...

Corporate decision makers and governments have subscribed to the view that cashflow is a reliable indicator of a firm’s health.usually, cash flows are pragmatic yardsticks. One need not look into other sources of information, but in the level of cash coming in versus the amount of cash being spent, to determine the feasibility of a business. However, Gentry says that cashflows, particularly operating cash flows are not as reliable as they seem to be. Taking off from a study done by Casey and Bartzack, it has been found that operating cashflows do not provide significant information on the ...

Fiscal planning is the means of ensuring that one is making the best use of his or her money and help individual to prepare for their future. The planning may involve a range of activities, with strategies ranging from the short-term to the long-term (Garman & Forgue, 2011, p.21). A person may want to create a budget to enable him or start saving towards a future purchase, or they may be more concerned about guaranteeing their future financial security through retirement planning. Financial planning prevents a person from overspending by crafting and sticking to a sensible budget. It can also help people to avoid accumulating ...

Introduction

What are Investments? - An investment can have a variety of meanings. It is commonly used in the fields of finance and economics. - In the field of finance for example, an investment could refer to something that an individual—most likely an investor, would spend money for, expecting for a gain, yield, or simply, a return on his investment, either on a short or a long term basis . - An investment may always carry a certain degree of risk - Examples of investments - Equities - Bonds - Stocks - Securities - Properties - ...

As Co-Founder, CEO and Chairman of Apple Inc., Jobs met many ups and downs as a good leader. Throughout Apple’s history, such as when they Jobs, Steve Wozniak, and Ronald Wayne have just started their business in 1976 in the garage of Jobs’ foster parents, years later, they were a success. It only proves that with the right mix of leaders, they can start a company that will later on live with its vision. Apple Company had since then continued to hire many highly talented, creative, and innovative people (e.g., Mike Scott, John Scully).

With Jobs’ leadership and the highly competent ...

Pepsi versus Coca Cola

Coca-Cola Coca-Cola is a US multinational beverage company, manufacturer, marketer and retailer of alcoholic-free drinks. The company has it’s headquarter in Atlanta. A pharmacist known as John Stith Pemberton in 1886 invented the Coca-Cola drink. In 1889, Coca-Cola formula was bought by Asa Griggs Candler, who used it to found the Coca-Cola Company in 1892 (Bodden, 2009). Under Cander’s leadership, the company grew and increased its distribution beyond Atlanta. In 1894, due to high demand for the drink, the company, through Joseph Biedenharn, installed bottling machinery that enabled the bottling of the drink.

Large scale bottling of ...

Introduction

Question 1

The governments contented that its claim for Atlantic Trading Company income taxes ,was claimed to be entitled to first priority rule as an administrative expense instead of the unsecured tax claim since the said taxes of the state were not just any tax but tax specified in the 507(a)(7)(A)(iii) pursuant to 503 (b) (1)(B)(i). The government failed to file the immediate proof of the claim. Since the company made profits in which it was to remit some percentage to the government, the government was not supposed to make administrative expenses on the company. The ...

The insolvency law has always held much interest in the people all around the world. The Cork report of 1982 greatly improved the insolvency law along with various other statutes that regard insolvency and bankruptcy. The Cork report originates from Kenneth Cork, who served at the cork committee that was responsible for making law recommendations regarding insolvency, bankruptcy, and liquidation of wealth. They formulated a comprehensive procedure that finally harmonized the law procedures for bankrupt businesses and increased their chances of survival (CAMAC 2010). The legal procedure recommended by Cork accentuated upon the similar system of insolvency courts to administer ...

The question “why countries that do not have that much natural resources to boast of often appear more progressive and financially stable than countries that are staggeringly abundant in natural resources?” has been common among citizens of both resource-rich and non-resource-rich countries for a very long time. It is actually logical to think that a country rich in natural resources, especially the point-source and non-renewable ones such as oil, diamonds, and other ores, would outperform those that are less blessed because they already have an edge to begin with. However, according to Sachs & Warner (2001), the opposite happens. Sachs ...

Introduction

Chrysler Group LLC is one of the largest automobile manufacturing companies in the world. Along with General Motors and Ford Motor Company, these three companies are known as the “big three” in the US market. Chrysler is headquartered in Auburn Hills, Michigan. Currently, Chrysler is a wholly owned subsidiary of the Italian Automaker, Fiat S.P.A. The flagship brands of Chrysler are Chrysler 200 and 300, Dodge, Ram and Jeep. The journey of Chrysler was not always smooth. Upon its establishment in 1925, it soon became one of the most popular car brands in USA. From 1930s till late 1950s, it ...

INTRODUCTION

Since the Great Depression of 1929-30, the worst financial crisis was witnessed during the end of 2008. Numerous American and European banks declared going into loss by the end of 2007. Later, Lehman Brothers, the 158-year old investment bank went bankrupt; Merill Lynch, the investment bank and the stock-broking firm was taken over; Goldman Sacks and Morgan Stanley seek the status of bank to receive protection against bankruptcy. It was during the same week that the other four investment banks on the Wall Street collapsed. The global financial crisis of 2008 was one of the most critical ones ...

Article Summaries

Article Summaries

Weibo has been performing well in China the same way in which Twitter is doing across the world. It is perhaps due to this reason that the owners have decided to initiate an IPO in the US. As is expected of any company planning an IPO, Weibo has to provide the IPO filing to prospective investors (read the general public). The author clearly highlights the major details embedded within the filling in a bid to inform his readers on what each of them means. Specifically, the author emphasizes on the risk factors directly affecting the company. This ...

The Crash of 1929

Stock market crash of 1929 was the result of one of the largest in the history of crazy speculation. Few years, anticipating the year 1924, the U.S. Dow Jones index, estimating shares of industrial companies fluctuated within a relatively narrow price range with strong pressure from sellers at every level reaches 110. At the end of 1924 year stock broke through this level, demonstrating the tremendous rise to 150 in 1925. Rise of the stock index warned about a few good years in the future. Since 1921, when the stock market was very depressed, and by 1928 the volume of industrial production ...

Letter of Transmittal

Designation, Department Name Dear Professor Name, I hereby submit a report requested on ‘’Major Reasons for Financial Crisis of 2008’’. In order to provide an authentic and resourceful report, I have referred to some of the best academic and research resources.

Regards,

Introduction: It has been 6 years now since the news of bankruptcy of Lehman Brothers shook the global financial world. The intensification of the global financial crisis following bankruptcy and dis-solvency of leading investment banks, corporations, commercial banks, etc. had made the economic and financial environment very tough for the world economy. By early 2009, whole ...

Webvan was an on-line grocery business founded by Louis Borders in 1996; it went bankrupt in 2001. This case study will examine in detail the Webvan business model, compare it with those of other related companies, find out why it went Bankrupt as well as well as give recommendations on the changes that could be made.

Bankruptcy

At around 1999, Webvan had become a magnet for capital as most private investors were coming in. The IPO of Webvan was on November 5, 1999 and was placed at $15 and ended up closing at $25. This gave the company up to $8 ...

Question 1 - Effectiveness of Altman or Modified Altman Algorithm

Today, the pressures from globalization and global competitiveness have been increasing consistently in a dramatic manner. In their true essence, business activities are undertaken to work towards generation of profits and achievement of growth objectives by serving targeted consumers in an effective manner. With increased volatility in the global business environment, it has become imperative to assess if a business or any organization is performing well or not. Analysts predict whether the business will go bankrupt has become one of the greatest concerns of various financial analysis theories and researches. Additionally, it has been widely believed among financial research analysts ...

Introduction

Glorious Hotel (Glorious) is a small family run hotel located in the popular ski resort of Leysin Switzerland. The hotel is currently run by the third generation of its founders. The hotel focused on a niche market of skiers who visit Switzerland every winter. Rather than just being a hotel that offered boarding services, it also had a small spa to cate to the needs of the hotel’s visitors. The hotel also had a small bar that also accepts visitors who do not used it boarding services. With a boarding capacity of just 40 rooms, the revenues of the hotel were limited. However, since ...

Under fixed income investment, the investor gets a certain agreed amount of return over a specified period. The issuer is obliged to pay interest after a specified period, and the principle amount is paid upon maturity of the investment. Fixed income investments are crucial in that there is an assurance of a fixed and constant return on their investment. The investor gets reliable and predictable source of revenue. In addition, fixed income securities help in diversifying portfolios thus stabilizing the overall return. This helps in maximizing profits while minimizing the risks. There is a large variety of fixed income securities, giving investors the freedom ...

Question 1 (Appendix A):

Government interventions in the financial markets have been and will always be an issue of ethical dilemma (Stiglitz, et.al, 1993). Therefore, it may be worthy to understand beforehand, what an ethical dilemma is. In YourDictionary, ethical dilemma is defined as “situation in which there is a choice to be made between two options, neither of which resolves the situation in an ethically acceptable fashion. In such cases, societal and personal ethical guidelines can provide no satisfactory outcome for the chooser. Ethical dilemmas assume that the chooser will abide by societal norms, such as codes of law or religious teachings, in ...

The air travel remains to be the most preferred means of transport in the world today. However, managing the operations in the air industry is one of the most challenging tasks given. This due to the fact that there are several challenges that affect a smooth running of the daily operations including technical failures, human errors and unforeseen natural calamities. Problems caused by human factors include technical failures as a result of an improperly fixed aircraft or a runway collision resulting from ground operator errors among other factors. Naturally caused woes, on the other hand, involve weather related problems such as ...

The Merger of American Airlines & U.S. Airways 1.0 Introduction A few really important days are worth keeping in mind in connection with the birth of the world’s largest airline. These dates are as given under This was the first phase only. The next step would cover synchronization of each company’s IT system and familiarity with each other’s different processes. However, even the most vocal supporters must have been relieved that day, as impediments were very much present and many a time victory was snatched from the jaws of defeat. (airlinegeeks.com, 4th Marcp014) 2.0 ...

Japan ranks second after United States for the largest economy in the world. Majority thinks that Japan has smooth events regarding their economic condition. However, the truth is they are also experiencing a crisis in their economy. The Lost Decade characterizes what happened to Japan during the 20th century which later included the year 2001 to 2010. The after-war political and economic structures of Japan were: regulation of the state economy through incentives like development loans and research and welfare of society. Also it includes attempts to protect the “sunset industries” through cartels so that full employment can be ...

World Expositions Can Benefit or Haunt Host Cities

Summary of the Article The article “World Expositions Can Benefit or Haunt Host Cities” has been written by Goergi Kantchev in New York Times. The basic notion behind the article is the idea that World Expo, which is usually considered an economic blessing for a country can turn into a nightmare, if it is not planned effectively. The author has presented historical facts backed by numerical data that why the World Expo becomes success and why it turns into failure. Historically, the countries that became host nations witness great infrastructural transformation. It gives myriad opportunities for investment and job creation. ...

Answer on the B question to Preview Company article.

The time I had on investigating this text I can point that there are several factors that have led to and facilitated Harris’s manipulation of inventory in Preview Company’s control environment. According to the information given in text, a new competitor has entered Fabricator’s markets in order to grab market share. Huge companies (business sharks) know that if somebody enters a market, the war of the wars surely to begin, they take the win or they lose to competitor. Competitor has offered substantial price reductions for a variety of standardized parts for small appliances. Harris has been the ...

Even if a company is profitable, it can be cash poor. Money is not coming in as fast needed. This seems to be a common problem especially with small, start-up operations. I have not worked at an entrepreneurial company. However, here is a case about a start-up company with cash flow problems. Robin Sauve and her husband John started a company, Barkley Logistics Inc. The company helps its clients to rush delivery of merchandise and other time sensitive materials. Profits and cash were slow in coming in. However, the company was getting a lot of work and was having difficulty coping because it lacked cash. ...

The East Asian nations started marching steadily along the growth path from the mid 20th century. From the 60s the growth and development scenario in this region was impressive. Most of the indicators of development showed a positive change at a rapid pace. Income grew at a steady pace with high rate of savings and investment. Governments’ thrust on education and industrialization gave impetus to the growth of the economies. Poverty was reduced considerably and the general standard of living improved to a large extent in a span of thirty years. The growth trajectory was so impressive that it is often termed as the ‘East ...

Reflection paper

The scenarios presented in the article leave many unanswered questions begging for one to think critically to find possible answers. It is clear that Kelvin was a star, and lived a promising live. Above all he was generous and steady with his family, and other issues outside college. The following is inferred from the circumstances surrounding his injury.

It is a crime

I opine that Art had a predetermined undertaking to harm Kelvin. The evidence is clear from the Book and the TV interviews that Art gave before the match. In specific terms, “I’m the Last Thing You’ll See Before You Die” is a direct ...

- Analyze the events and consequences that led to the situation described in the bank sector and Credit Suisse Group in particular in the 90’s? Answer: Credit Suisse was the leading financial services company in Zurich. It provided a variety of financial services to private small or medium sized customers. During the 90’s everything in the industry was running smoothly and so were banks. During that times cost to income ratios were very low. IT outsourcing was a much needed discipline due to the growing needs of the organization within and outside. Consequently banks did not realize how ...

The economic meltdown in the US was, as a result, of the housing bubble burst that brought about a massive economic recession in the US. The film, Inside the Melt Down, depicts a series of large American corporations going bankrupt and their shares dropping down drastically due to the economic recession. For example, Bear Stearns is a one of the multinational investment company that took an economic downturn in that its shares dropped from $171 to only $57 in a single day. Given that the media aired out their concerns regarding the economic drift of the corporation, most investors withdrew from Bear Stearns. Despite ...

The great depression was the greatest economic depression in US history. It started in 1929 and lasted into early 1940s. It can also be referred to as the biggest economic tragedy in the US, because, during the great depression, unemployment rates were very high, productivity of goods almost came to a halt, banks closed their doors and the inflation rates in the country were unbelievably high. So what brought about such a great tragedy to one of the most powerful economies at the time? Firstly, the crash of the stock market was a major contributing factor to the great depression. In ...

Technology Predictions in the Next Five Years

The technology is one of the best things in the world, and in our life. It has changesd the course of human history and will continue to do so. A long time ago technology was simple, a rock used to open a nut, or a sharpened stick used as a weapon was technology. In the course of human history technology has changed dramatically and it is much more complicated than these early forms of technology. The technology keeps getting improved all the time. The technology is all around us. Also, it will be around us in the next five years, but certain advances ...