Parmalat Finanziara‚ the Italian dairy and food giant‚ is fast joining Enron and WorldCom as a household name for corporate scandal. The alleged financial fraud at Parmalat spans more than a decade and involves sums whose estimates have ballooned from EUR 4 billion to more than EUR 8 billion. Founder‚ chairman‚ and chief executive Calisto Tanzi has been ousted from the company and board and is under arrest. Enrico Bondi‚ who replaced Tanzi in December‚ has been given new authority to act as sole
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Business Failure Paper Syndy Felix LDR/531 Organization Leadership Barry Adkins University of Phoenix April 15‚ 2010 Business Failure Paper This paper will discuss how organizational behavior theories could have predicted or can explain the failure of a company. Businesses face many challenges which can contribute to the growth and demise of the business‚ According to recent article publish in gaebler.com‚ 2010 most business large or small fail due to bad investment‚ lack of knowledge
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DE VERA‚ K. RIGOR‚ J. & TAYAG‚ J. Brand is a name‚ sign‚ symbol‚ or design‚ or combination of these that identifies the maker or seller of a product or service . Although certain brands offers various product line and brand extensions‚ it does not mean that a brand is strong already. Note that years of existence do not also define a strong brand‚ rather to consider a brand a strong one the brand should have high brand equity; a clear brand positioning; and it must be competitive
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Case Study: Slavery in the Chocolate Industry This case is about the slavery of young men in the Chocolate industry. Chocolate is made from the highly prized top quality cocoa beans that are grown on farms in West Africa‚ especially the Ivory Coast and Ghana‚ which make up close to half of the world’s chocolate. Slavery in the chocolate industry raises many issues including systematic‚ corporate and individual ethical issue. Here I’m going to discuss the issue I observed in this case
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The term “heart failure” sounds as if the heart has already failed. This can increase a person’s anxiety especially in the aging population that is a targeted community for this disease assuming that the failure is equivalent to death. Heart failure is actually the decline in the hearts ability to sufficiently pump oxygenated blood to the rest of the body. Many people can live with heart failure and are able to manage it through lifestyle changes‚ prescribed medication compliance‚ and regular physician
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Answer the following questions based on the film Enron: The Smartest Guys in the Room (2005). 1. (a) Describe the ownership structure at Enron. (b) How did the ownership structure contribute to the Enron scandal? (15 points) When Enron became a publicly traded company‚ the employees and executives had more incentive to manipulate earnings and financials. With the shift in structure‚ there were more external stakeholders to satisfy‚ which caused the company to focus on short-term results‚
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Successs After Failure We live in a competitive society that has big winners and big losers. Educators‚ motivation experts‚ life coaches‚ sport psychologists and other mentors mainly teach us how to approach success‚ how to be winners. Whereas‚ nobody can be the best teacher as a failure. Losing is not good but it has to happen‚ and is going to happen. Therefore‚ we need to know how to cope with the failure because failure is inevitable. There is a great quote about this case from J.K Rowling‚ who
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Imagine that we never lived in a place filled with racism. Why would anyone wanted to treat anybody different because of the color of their skin or because they are different? Well‚ some brave African Americans finally stood up for themselves but first they had to make some sacrifices such as Rosa Parks being arrested. Another thing that caused the boycott to succeed was that the entire Negro states hat stuck together and really stuck it out through the whole boycott‚ and one of the last things that
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Enron‚ a Houston-based commodities‚ energy and service corporation‚ was named “America’s Most Innovative Company” for six consecutive years by Fortune Magazine. Ironically‚ its shares price had peaked at $90.75 in August 2000 and dropped massively to $0.67 in January‚ resulting in shareholders losing approximately $11 billion. In the November of 2011‚ it was revealed that Enron’s earnings had been overstated by several hundred billion dollars because enormous debts had been kept off from the balance
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Kidney Failure HCA/240 Kalkita Dodson Earl Benjamin February 2‚ 2012 * Scenario A: Acute renal failure. Ms. Jones‚ a 68-year-old female‚ underwent open-heart surgery to replace several blocked vessels in her heart. On her first day postoperatively‚ it was noted that she
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