housing bust to borrowers‚ loan originators‚ and MBS and CDO holders? Did subprime mortgages contribute to the U.S. financial crisis of 2008? 4. How did Federal legislation concerning mortgage loans affect Countrywide Financial Corporation’s (CFC) business strategy? Did the government’s encouragement of subprime mortgages have an impact on the company’s number of loan originations between 1990 and 2007? 5. What effect did the housing boom and the growth in origination of subprime mortgages have on
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did Arvind Mills choose globalization as major route to achieve growth when domestic market was huge? Answer The reasons of choosing global market by Arvind Mills are: 1. Market seeking motives‚ such as exclusiveness of product and service with high productivity‚ stringent in-line quality control and an encouraging manufacturing atmosphere. 2. Economic motives‚ such as profit making by implementing cutting edge technologies to achieve economies of scale and spreading R&D costs. etc. 3. Strategic
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Q1. Define Strategy. Explain the process of Strategic Management. (10) Johnson and Scholes (Exploring Corporate Strategy) define strategy as follows: "Strategy is the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration of resources within a challenging environment‚ to meet the needs of markets and to fulfill stakeholder expectations". Strategy is an action that managers take to attain one or more
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WedgeCorp manufactures golf clubs. The clubs have rubberized grips that golfers hold onto to swing them. Neil bought his wife a set of clubs for her birthday. Cindy‚ Neil’s wife‚ is an avid golfer and uses the clubs frequently at the local golf course. When WedgeCorp manufactured the clubs‚ they used improperly mixed glue that did not tightly bond the grips to the end of the clubs. Seven months after acquiring the clubs‚ Cindy went golfing with her friend‚ Kate. While Cindy was swinging a five
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FROM INVENTOR TO ENTREPRENEUR: OPTIMISIM VERSUS REALITY © Phil Thompson – Business Lawyer‚ Corporate Counsel – www.thompsonlaw.ca To many people‚ the definition of an entrepreneur is inventor who goes from the workbench to the marketplace to a major stock exchange. However the rag to riches scenario is an exception to the rule. A recent study by a Canadian economist puts reality into measured perspective. No Surprise: The Odds Are Stacked Against You In 1998‚ Thomas Åstebro conducted
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of our business----------------------------------------2 2. Our Service and Product-----------------------------------------------------2 3. Market Analysis----------------------------------------------------------------3 3.1. Target market segment strategy-----------------------------------------------3 3.2. Service business analysis------------------------------------------------------4 3.2.1. Competitions----------------------------------------------------------------4 4. Business Strategy
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UNIT 1 : Business Environment Assignment 1 P1) Describe the type of business‚ purpose and ownership of the two contrasting organisations OXFAM Oxfam is a charity organisation which is there to not make profit. It is to help create lasting solutions to the injustice of poverty. It is a part of a global movement for change‚ empowering people to create a future that is secure‚ just‚ and free from poverty. This business is a global organisation which reaches to more than 90 countries and
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on policies and procedures. William is the chief executive officer (CEO) of Riordan and he just wants to get this acquisition done‚ but only if it means greater profit for the company and bigger dividends for the stockholders. Although he knows business‚ he relies on John’s advice for the details on accounting oversight. William‚ a finance major‚ is an MBA graduate of University of Phoenix in 2000. He has been president of Riordan since 2006‚ when he was hired by the COB. He is an authoritarian
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Scenario: Your company provides you with a computer and email address for business use. The company recently published a policy concerning email usage‚ emphasizing that usage should be strictly for business purposes and not for personal use. Your co-worker continues to use his computer for personal emails‚ jokes‚ and internet surfing. What is your reaction – tell the supervisor‚ keep your mouth shut‚ speak to the co-worker? Explain. Be sure there are at least 50 words in your response to the
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Questions for Critical Thinking 5 Salvatore’s Chapter 10: Discussion Questions: 2 (a) The advantages of the Herfindahl index over concentration ratios is that the former uses information on all the firms in the industry‚ not just information on the market share of the largest 4‚ 8‚ or 12 firms in the industry‚ and gives a larger weight to the larger firms in the industry. (b) The disadvantage of concentration ratios and the Herfindahl index is that for the reasons indicated in Case Study
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