Something Went Sour at Parmalat Parmalat is a multinational Italian dairy food corporation that today represents one of the biggest fraud scandals that has marked history in Europe. What happened and why weren’t the scandalous activities detected beforehand? Parmalat’s investigation was triggered when it “defaulted on a $187 million bond payment in mid-November 2002.” This led to further revelation of the nonexistence of $4 billion worth of claimed bank deposits held by a subsidiary in the Cayman
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MIS 500 Assignment 1 Wachovia Shaza beidas 2014 1. What problems did First Union and Wachovia face when they merged? There were two problems when they merged. The first problem was that the staff couldn’t reprogram the software generate new incentive programs and model some alternative scenarios. The second was the system needed manual reporting and also subject to frequent data entry errors. 2. What solutions were available to Wachovia to solve its problems and meet its goals? In order
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| Amstelveen Corporation | Memo To: Ford Allen From: Katie Date: [ 2/22/2012 ] Re: Recommendation for Amstelveen Corporation’s project investment The purpose of this memo is to explain and recommend which projects Amstelveen Corporation should invest in based on capital budgeting calculations. First‚ I will explain if there are any contradictory recommendations and then I will give the recommended total I suggest Amstelveen to raise. I will also give my recommendation on which project(s)
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Answers 1. What was the vision and mission of RAHK? What did management do to ensure adherence to the corporate vision and mission? RAHK was a self-help group governed by different committees (executive committee with management committee and enterprise development management sub-committee) created by different social pillars. Vision: Support of social aims and values of the organization‚ like general rehabilitation services and policies and actively participated in issus affecting people with
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G.R. No. L-19650 September 29‚ 1966 CALTEX (PHILIPPINES)‚ INC vs. ENRICO PALOMAR‚ in his capacity as THE POSTMASTER GENERAL FACTS: In 1960‚ Caltex launched their "Caltex Hooded Pump Contest"‚ which called for participants to estimate the actual number of liters a hooded gas pump at each Caltex station will dispense during a specified period .Participants were not required consideration nor pay a fee. No purchase of Caltex products were also required to be made. Entry forms were
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1. Analyze overall challenges of GEMS in 2002 a. Technological change: + Genomics and healthcare information technology such as Digital Imaging‚ Electronic Patient Records and Disease Management Systems make personalized medicine and personalized diagnostics possible. Moreover‚ healthcare practice move from cure to prevention. These changes require expertise in biomedical sciences rather than in engineering and physics; and also investment‚ collaboration with pharmaceutical companies which facilitate
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1 a. Difference between service and production department Goods The key difference between service firms and manufacturers is the tangibility of their output. The output of a service firm‚ such as consultancy‚ training or maintenance‚ for example‚ is intangible. Manufacturers produce physical goods that customers can see and touch. Inventory Service firms‚ unlike manufacturers‚ do not hold inventory; they create a service when a client requires it. Manufacturers produce goods for stock‚ with
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1.How does Quickfix’s average compound growth rate in sales compare with itsearnings growth rate over the past five years? Quickfix’s sales have increased by an average compound rate of 14% per year over the period‚ 1997-2001. In comparison‚ its net income has declined from over $16‚600 millionto a loss of $102 in 2001. 2.Which statements should Juan refer to and which one’s should he construct so as todevelop a fair assessment of the firm’s financial condition? Explain why? Juan should refer
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Marcus Simon Marketing Management June 19‚ 2012 Dr. Turner Clearwater Technologies Clearwater Technologies‚ Inc. was a small‚ publicly traded technology firm outside Boston. It was founded by four MIT graduates. They saw an opportunity in a market and felt that they could run a company that could meet the needs of a market that larger firms ignored. Clearwater Technologies was the leader in customer relationship management servers for sales forces of small-to medium-sized companies. The
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Soren chemical Introduction Soren chemical is the industrial chemical company founded i Commercial Pools and Water Parks. 1. Strategic problem statement Soren chemical’s prediction were more than actions. The target was 50‚000 gallons for the first year of sales. But through the first half of the selling season for pool chemicals‚ Soren had sold just 3 725 gallons or 7 450 units. Considering that pool chemicals season lasts just for 9 months from September to May‚ Coracle is behind its target by
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