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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administrative or business situation. Please address all correspondence to Dr Susan Tai‚ Department of Business Studies‚ The Hong Kong Polytechnic University‚ Kowloon‚ Hong Kong‚ E-mail: bustai@polyu.edu.hk. Supermarket Cyber Storm: Where adMart Went Wrong INTRODUCTION A revolution was taking place in the grocery store industry‚ and was creating the potential for drastically lower food bills for Hong Kong consumers. This was the result of Mr. Jimmy Lai Chee-yings latest business venture‚ adMart‚
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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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RECONSTRUCTION‚ WHAT WENT WRONG I. Historiography of Reconstruction A. Early Views Journalists‚ Poets‚ & Rebels Negative view of Reconstruction Sidney Andrews‚ The South Since the War (1866) John Dennett‚ The South as It Is. Southern frame of reference Sidney Lanier (poet) Attempt to justify Civil War B. Early Professional Historians John Ford Rhodes Ohio Democrat Not impartial Blamed North for problems of Reconstruction’ Claimed Black Rule
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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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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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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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I slowly looked around‚ detached from reality. The news hit me like a formidable black train. Silence coated the room filled of anxious yet unusually quiet cheerleaders like a heavy snow on the mountain peaks from where we came from. Every familiar face I could find grew cold and stern. All hopes of a national title flew out of the window before 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
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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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