When Everything Changes- Change Everything? How do you deal with change? Are you a change-agent or a mere resistance to change? Are you intimidated with the possibility‚ and have the pessimistic ‘what-if’ personality? Do you change the change itself by physical or clout power? Or are you strong and welcome the possibility of something new? How do you take change? How should you take change? I guess I just flustered you with my mountain of enigmas. Sorry! I would still like you to answer those
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What Went Wrong at Mattel The toymaker is recalling more dangerous toys made in China. Its troubles may be a warning sign for other multinationals Elmo‚ Barbie‚ Big Bird‚ and Dora. They are some of the most familiar and best-loved children’s characters. Now they’re caught up in the global debate about the safety of Chinese-made products. Mattel (MAT)‚ the world’s largest toymaker‚ announced on Aug. 14 an expanded product recall‚ involving vehicles based on the hit movie Cars that had lead paint
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due to the fact that there is a global safety standard and there are several precautionary measures in place to minimize the damage and potential for fail. If there are so many precautions and safety nets‚ this gives rise to the question: “What went wrong in Japan then?” There are several aspects to why the disaster happened in Japan. One of the most prominent one is the fact that the reactors that failed in Japan were Mark 1 boiling water reactors designed by General Electric in the 1960’s. This
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Corporate Governance HIH; What Went Wrong? During 2000 at the Institute of Actuaries annual seminar on general insurance‚ two senior actuaries‚ Peter McCarthy and Geoff Trahair‚ presented a paper that rang alarm bells for HIH Insurance. Even though HIH was not mentioned in the paper [entitled “Lack of industry profitability and other stories”] the insurance industry was accused of under pricing policies‚ pressuring actuaries to reduce the projected level of outstanding claims liabilities and
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WHAT WENT WRONG WITH SATYAM? PROFESSOR J. P. SHARMA J.P Sharma‚ Professor of Law & Corporate governance‚ Department of Commerce‚ Delhi School of Economics‚ University of Delhi WHAT WENT WRONG WITH SATYAM? INTRODUCTION Till about two decades ago corporate governance was relatively an unknown subject. The subject came into prominence in the late 80’s and early 90’s when the corporate sector in many countries was surrounded with problems of questionable corporate policies or unethical practices
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What went wrong at AIG? Despite US$110 billion in annual sales and assets in excess of US$1 trillion‚ on the 16th of September 2008‚ AIG accepted the Federal Reserve’s US$85 billion rescue package in order to prevent itself from facing a Chapter 11 filing. In exchange‚ AIG had given a 79.9% stake in the company to the government and also the right to suspend dividends previously issued to common stock and preferred equity. In all‚ US$184 billion in shareholder value was wiped out in less than a
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the judges could even mutter the two words that brought our world crashing down. "Illegal stunts.” Nine months of sweat and tears‚ 4 years of commitment‚ all brought down in a matter of moments. Less than ten minutes before my final national high school cheerleading competition and all the work my team and I put into our flawless routine no longer mattered. We had ten minutes to recreate a near-impossible routine and preform it for over 600 people. How could our coaches not know our routine was filled
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that only affect you. There are many different forms of intentional torts that are committed every day and there are consequences for those actions. The main intentional torts that are committed are: battery‚ assault‚ fraud‚ false imprisonment‚ intentional inflection of emotional distress‚ and defamation. Battery and assault seem like very similar concepts and are easily mistaken. Battery is when you physically come in contact with someone else. Assault however‚ is basically like a verbal threat
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Rockefeller‚ J. P. Morgan‚ and Andrew Carnegie. These men were at the forefront of the Industrial Revolution in America and the ways that they reached their levels of wealth were sometimes questionable and other times outright unethical. In the early days of business in America‚ there was only one industry talking about‚ and that was railroads. Cornelius Vanderbilt spearheaded the expansion of railroads into the West‚ but his methods weren’t completely reasonable. While expanding his empire‚ he encountered
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home improvement stores‚ bookstores‚ cafeterias and specialty stores in the 1980s and early 1990s seemed to spread the company very thin. This focus on diversification is just one example of how the retailer has often not made the wisest choices when faced with a tight spot. By the 1980s‚ just before the rise of Wal-Mart‚ Kmart had become complacent. It believed it would be the king of discount retailing‚ now and forever. It didn’t perform an accurate SWOT analysis‚ but to be fair‚ who could
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