as a basis for classroom discussion rather than to illustrate either effective or ineffective handling of an 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
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Q 1. Describe any situation that you experienced where the communication went wrong because the listening was faulty. Analyze the situation by explaining the type of listening barrier. . How could this barrier be overcome? (10 marks). Good listening is arguably one of the most important skills to have in today’s complex world. Families need good listening to face complicated stresses together. Corporate employees need it to solve complex problems quickly and stay competitive. Students need it to
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The unwanted yet undeniable words‚ telling me my cousin Johnny was dead. I so often seem to be immobilized by that moment. "He played life to the fullest‚ and without regret‚ he bet it all and braved the fall". For me‚ that is the day everything went wrong. Ray and Jerilynn‚ My parents and my daughter‚ Alexa live in Costa Mesa‚ California. My Mothers sister Aunt Carole and Uncle Lenny‚ Karen‚ Joe and Johnny my cousins live about a block away. I‚ myself had been living in Newport Beach‚ California
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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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When a person goes through one catastrophic or emotionally draining situation‚ or even at times when they come in a series of unfortunate events‚ they tend to detach and ignore all other positive aspects that can emerge from it. Furthermore‚ instead of looking at things with blinds‚ it is effective to be aware that a downfall doesn’t equal the end of the world. No matter how arduous the situation may become‚ it is not the definite outcome. For instance‚ this past Christmas‚ my sister had money
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A day when everything went wrong Life has its ups and downs‚ highs and lows. Sometimes you feel as if you are on top of the world‚ other times you feel as if everyone or everything has turned against you. I intensely recall a day when nothing went as I expected. Everything seemed out to get me‚ to trick me. It was the hardest test of my patience and perseverance. My parents were away for one week holiday‚ and I was home alone without any restrain. Meanwhile I can watch my lovely movie
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The Day Everything Went Wrong! Where do I begin? I woke up early feeling refreshed. I had completed my morning workout and routine. I thought this would be the best day ever‚ but at a blink of an eye everything started changing for the worst. Even though we have bad day everyday is a learning experience. On the morning of November 23‚ 2010‚ I’m very excited that it’s my anniversary on my job. Around 7:45 a.m. this morning I received a disturbing call from my special friend. The first thing that
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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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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 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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