1947) is the son of Erling Persson who founded the Swedish fashion company Hennes & Mauritz (H&M). Persson was born the same year‚ 1947‚ as H&M. His father‚ Erling‚ was the son of a butcher in Västerås‚ an hour or so outside of Stockholm. Stefan Persson chairs the hugely successful clothing retailer Hennes & Mauritz AB‚ a company founded by his father in Sweden in 1947. Known informally as "H&M‚" the international chain of nearly 900 stores has mastered the art of delivering cheap
Premium Sweden Corporate governance Board of directors
In his speech at Georgetown University‚ Bernie Sanders elucidated democratic socialism and painted his vision of a reformed America— an America that is economically equal; healthy; employed; educated; and‚ unified with Muslim nations against ISIS. Sanders’ speech highlighted pervasive social programs that accentuated the dire need of middle class Americans for economic security and equality. Sanders correlated his desire to redistribute wealth among the top 1 percent—the ruling class—and the middle
Premium United States Socialism Communism
“For many the American dream has become a nightmare.” This quote by Bernie Sanders tells us how he feels about America’s state right now. He wants to make the people of our country have power again and be free. Bernie Sanders should become our next president because of his ideals and his stance on marijuana‚ immigration‚ and the college for all act. The war on drugs has been on going throughout the U.S for a very long time and had costed many lives. Much of the reason for the deaths is because of
Premium Cannabis Legality of cannabis by country Hashish
Bernie Madoff was a successful businessman‚ who built his business with an investment of five thousand dollars and ran his business using Ponzi schemes. His Ponzi schemes are what made him acquire so many investors and make billions. As crooked and illegal as Bernie Madoff’s actions might’ve been he found a way to still strike as an iconic and incredibly successful business man. Bernie Madoff made it seem like if you didn’t have a connection to him then your name was unheard of. The only way you
Premium Ponzi scheme Bernard Madoff Fraud
Bernie Madoff’s $50 Billion Ponzi Scheme Who is Bernie Madoff The Madoff investment scandal is the Ponzi scheme that former NASDAQ chairman Bernard Madoff confessed to in 2008. On March 12‚ 2009‚ Madoff pled guilty to 11 federal crimes and admitted to operating what has been called the largest investor fraud ever committed by an individual. On June 29‚ 2009‚ he was sentenced to 150 years in prison with restitution of $170 billion. According to the original federal charges‚ Madoff said that his
Premium Ponzi scheme Bernard Madoff Fraud
* Academy ot Management Executive‚ 2000‚ Vol M‚ No. 3 View from the top: Henry Mintzberg on strategy and management Interview hy Daniel }. McCarthy Executive Overview This is the second confribufion to our Crosstalk series‚ a coiiaJboration between The Executive and European Management Journal created (o encourage dialogue and exchange of ideas among leading management scholars in North America and Europe. Crosstalk spans the two journals‚ and the content oi each journal complements‚ rather than
Premium Management
An Unconventional Choice of Banking Sector: Quantitative Easing in Advanced Economies Prepare for Professor Suk-Joong Kim Prepare by Yang Liu 440080590 & Yingwen Jin 430586431 Executive Summary This report will discuss the causes and effects of quantitative easing monetary policy in US‚ UK and Japan on the basis of some relevant economic data. A brief introduction will discuss the nature of quantitative easing policy. In the US part‚ the global financial crisis will be analysed firstly
Premium Monetary policy Central bank Money supply
labour‚ land‚ capital etc. Due to the differences in factor proportions‚ trade can be generated between countries of all kinds. To explain this we can use the Heckscher-Ohlin Model. HECKSCHER-OHLIN MODEL We will focus on the simplest version of H-O model‚ in which there are two countries (Home and Foreign)‚ two goods (textile and wheat) and two factors of production (low-skilled labour and high-skilled labour). Home and Foreign are identical in tastes‚ technology and the quality of factors of
Premium Economics
Moral philosophy breaks down to the understanding of an individual’s belief in relationship to the group or to that individual. Just looking at the different philosophies‚ the conspirator‚ Bernie Madoff‚ is an egotist right down to his blaming the SEC and society for not being smart enough to know he was fabricating all his transactions. The self-interest of and individual is the fundamental actions of Maslow’s hierarchy‚ but in those teachings‚ it is assumed when you leave your childhood you will
Premium Morality Ethics Religion
Chapter 2 Review of related and Conceptual Literature This chapter presents the discussion of reviewed related writing of authors that the researchers collected during the course of the study. Material reviewed came from different books‚ studies and other professional writings from both foreign and local books. Conceptual Literature The worldwide spa industry is worth in the region of US $40 billion and has grown at a phenomenal rate in the past ten years (Haden‚ 2007). The growth of health
Premium Spa Bathing Mineral water