certain risks (Baron‚ 2013). Clearly Mattel does not have a sufficiently tight quality control procedure to compensate for the risks of outsourcing to Chinese subcontractors. Design flaws are also a major issue. Although the company responded to the crisis quickly Mattel still faces a number of problems‚ including significant costs associated with the recalls and new monitoring systems‚ potential lawsuits and a hit to its reputation. Stakeholders have something at risk‚ and therefore something to
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Mussolini’s intentions behind the Abyssinian crisis Mussolini‚ the leader of the nationalist fascist party Benito Amilcare Andrea Mussolini came to power in Italy by the year of 1922. He promised the Italian people a great Italy and glory‚ by creating a new Empire. Mussolini invested an enormous amount of money in the Italian army but after a while‚ in the mid 30’s‚ the army was set‚ and victories were what was missing. Abyssinia (known as Ethiopia) was an african independent country ruled
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Is ASEAN prone to Another Financial Crisis: Risk and Policy Challenge? ♣ Bandid Nijathaworn 1. Introduction The last twenty years have been eventful for the economies of ASEAN in terms of financial crisis and policy management. Since the 1990s‚ the region had gone through two major financial crises‚ one as a region where a crisis began while the other as a recipient of a major crisis. Both provide the ASEAN economies with a wide range of valuable policy experience for assessing the region’s
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CHAPTER 1 NATIONAL SPOT EXCHANGE LIMITED 1.1 INTRODUCTION National Spot Exchange Limited (NSEL) is the national –level‚ institutionalized‚ electronic‚ transparent spot trading platform for commodities. It is a structured market place‚ set-up to transform the commodity market by way of reducing the cost of intermediation and thereby improving marketing efficiency. Its state-of-the-art technology facilitates risk free and hassle free purchase and sale of various commodities. NSEL provides customized
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The Pakistan International Airlines is suffering from severe financial crisis. It is‚ in fact‚ passing through a critical phase because of poor management‚ lack of maintenance‚ nepotism‚ corruption and financial issues. There are complaints of terrible service‚ long delayed flights‚ emergency crash landings‚ cancellation of flights‚ shortage of planes‚ unclean toilets that smell from a distance and non-serious attitude of the administration. These issues create frustration among the passengers. They
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countries with emerging oil and gas industries in bringing widespread economic advancement to their countries. Although‚ on the surface‚ the challenges appear straightforward‚ in essence they often prove to be very taxing and intractable. They are closely interrelated and‚ regrettably‚ have lingering consequences‚ which have come to be known as the ’resource curse’. At core the task facing these countries is how to ensure that the investment and rewards that ensue from oil and gas exploitation do
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Crisis Communication Edit 0 0 16… Definition A crisis can occur in a myriad of contexts‚ including organizational‚ family‚ national‚ or interpersonal. The communication before‚ during and after a crisis is a transactional activity that helps individuals or organizations to prepare for or cope with the crisis event (Reynolds & Seeger‚ 2005). Crisis communication is studied primarily in the context of organizations (e.g.‚ Benoit 1995‚ Fearn-Banks‚ 2009)‚ although it is critical in coping with
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Why Water Is Called The New Oil? Ashley Buckhanon Bethel University Abstract This paper is about providing safe drinking water to the world’s 6.9 billion and growing population is one of the greatest challenges of the century. Consideration of the global water cycle‚ however‚ shows that the available renewable freshwater resources exceed the current human demand by roughly a factor of 10. Scarcity results from the uneven spatial and
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The production of European Crisis and the current situation…………………….2 2. The causes of European Crisis……………………………………………………4 1. The external causes……………………………………………………………...4 2.1.1Government added leverage in the financial crisis made debt burden……….4 2.1.2 Rating agencies to fan the flames boost contagion………………………….5 2.2 The internal causes………………………………………………………………5 3.The impacts on China’s trade policy…………………………………..6 3.1 European sovereign debt crisis led to the RMB was appreciated………………
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Rationality Breeds Legitimacy In Jurgen Habermas’‚ Legitimation Crisis‚ Western society is examined through a sociological lens to determine whether society is just. In his work‚ Habermas argues that advanced capitalism in Western societies leads to a legitimation crisis. Advanced capitalism displaces crisis tendencies‚ by means of state action‚ from the economic sphere into the socio-cultural sphere. Therefore‚ the legitimacy provided by the cultural sphere is threatened‚ resulting in a loss
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