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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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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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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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 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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Everyone has a place that enjoy spending their time in or they have someone that listens to them when they need someone to talk to. When Kate was a child‚ she often visited the ponds near their house with her brother‚ Matt. There are several explanations of the ponds throughout the novel‚ which are connected to the theme of the story. The ponds help Kate decide her job in the future‚ they are a representation of Kate’s childhood and hometown and they also allowed the relationship between Matt and
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