[pic] Why Do Businesses Fail? Analyze the reasons and provide a case study of one or more companies that have failed or suffered serious setbacks before they recovered. Name: YAN Hong ID number: 100004456 Tutor: Mrs. Dawn Cremonese It is well known that the financial crisis which started in 2008 is a worldwide recession. Even the Lehman Brothers Holdings‚ which was a global firm with a high reputation‚ went bankrupt on September 15th‚ 2008. Lehman Brothers Holdings failed because it was unable
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Why Do Businesses Fail? A common reason for business setbacks or even failure is market competition. A rise in a competitor’s market share is often synonymous with a loss for others. Such downturns occur for two main reasons. First‚ a new competitor with creative products‚ financial support and dynamic employees has a competitive advantage over others. Second‚ more established companies do nothing to change their strategies in response to the new competition. This essay will examine four examples
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law”‚ which included moral equity and nature freedom‚ citizens have the rights to not be watched. What Snowden did was based on a personal point of view that represented the moral aspects of the culture‚ which is freedom. From this‚ I can understand why this top secret information has been leaked‚ which Snowden claimed that everyone have the right to live without being monitoring all the time. On the other hand‚ from the morality perspective‚ people’s privacy is an important manner that led this leakage
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Databases are important to businesses for several reasons. To boost operations they use communications‚ web‚ and database technologies. Databases are key in all functions relating to information storage and retrieval‚ and assists with marketing‚ customers service‚ financials‚ and logistics. They are also essential in the creation and maintenance of records for continuous usage and to generate reports from this information. For example‚ a company could store all customer information and ordering
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Let’s say you discovered an acquaintance of yours committed a string of violent crimes and is now going to face trail for doing so. This person committed crimes such a rape‚ first degree homicide‚ multiple forms of abuse to a small child‚ among others. Many of these crimes committed are ones you personally find disgusting and unforgivable. Now theoretically‚ if you were told to chime in on whether the suspect was to be sentenced life in prison‚ or sentenced to the death penalty‚ which would you
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Why do humans behave the in ways that are ethically wrong? Why do humans behave in outstanding and magnificent ways? Why do humans think the way we do? Psychology helps us to answer these questions. Psychology studies human behavior and mental processes. There is no one good answer for the above questions. Many psychologists have different perspectives that they agree with. A psychologist could believe in the biological perspectives and another could believe in the cognitive perspectives. Just because
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information by doing research on the company they want to pursue a career with. If they truly intend to become and employee they need to figure out and get familiar with all the requirements of the job they want to get. Some of the requirements that should be researched are the main details of the job like the hours you would be required to work‚ and the duties you would be asked to perform. When deciding to enter a job or career that would involve traveling and some over time‚ it is your responsibility
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Dr. Strauss and Dr. Nemur‚ did not act ethically when they preformed a surgery to make him smarter. Acting ethically is when one may choose to do is right or wrong. They didn’t think through the endless possibilities of how the procedure could turnout and didn’t effectively care for Charlie after his surgery. Some people however‚ believe that the doctors were both thinking ethically with their decisions. Due to my evidence‚ they doctors didn’t act like they should have. Dr. Strauss and Dr. Nemur did
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Assessment CHCLEG001 Work legally and ethically Part D 4) Give 3 pieces of legislation relevant to staff and clients in your community service and or health workplace? Three legislations that are relevant can include: 1- Work health and safety. Work health and safety is a framework to prevent health‚ safety and welfare of all workers. It also protects health and safety of other people affected by the workplace and the general public. Work health and safety involves incidents notification‚ consolation
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employment in a bid to play a role in determining their own destinies. However‚ the process of undertaking the business venture is where the challenges and problems lie. There are a number of factors that could ultimately lead to the downfall of small businesses such as: the failure to draw a proper business plan‚ insufficient capital‚ entry of a new competitor‚ having a seasonal business; to mention a few. These factors can be grouped as internally generated; when caused by the entrepreneur himself‚ and
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