company’s debt until and unless he is still holding a position in the company. In case of Kingfisher‚ Vijay Mallaya is a promoter as well as the Managing Director of the company and he gave personal assurance to the banks so he could be asked to repay the loans taken. A director is a person who is responsible for managing the company’s activities. As a company is a separate legal entity it is obliged to repay its debt but in case 1. A director falsely misrepresents a company for money and is proved guilty
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MAJOR CARRIERS Figure 1. Growth of Emirates through years Gulf Air reduced its number of weekly flights from Dubai from 80 to 39 in 1984. In response to this‚ Sheikh Mohamed bin Rashid Al Maktoum decided to create a new airline and thus began the era of Emirates airlines. Emirates was established in 1985 with two Boeing 727s from the royal fleet and an Airbus and a Boeing leased from Pakistan International Airways(PIA). It was initially the flag carrier of UAE. It carried 86‚000 passengers in
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Case 9 Horniman Horticulture 1. The financial performance of a company can be determined by analyzing different financial ratios. The Horniman’s company financial performance looks strong and healthy if one looks at their 2005-projected financial summary net profit of 60.8 thousand dollars. Also they have a steady growth and increase from 2002 to 2004 in their revenue‚ profits and assets. In addition‚ Exhibit 2 demonstrates that all but one financial ratio supersede the benchmark for other horticultural
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Case Study: Continental Airlines Q.1. What is the business benefit of the Call Miner system? Provide some additional example beyond those discussed in the case? To provide better service and market analysis successfully in an increasingly complex and information-rich society‚ company must need to use technology. There are several business benefit of this technology. Technology such as CallMiner has different kind of benefit in different areas such as sales and marketing‚ customer service etc
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American citizens with disabilities began to join forces in the 1960’s. They all saw the same problem; disabled people were not treated equally. Disabled and non-disabled people nationwide began to band together for the common cause demanding equal treatment‚ equal access‚ and equal opportunity for all. Although this movement began in the 1960’s‚ nothing happened until 1990. In 1990‚ the Americans with Disabilities Act (ADA) expanded the freedoms and hopes of individuals with impairments through
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Case 15 Version 2.1 Teletech Corporation‚ 1996 Teaching Note Synopsis and Objectives In January 1996‚ the chief financial officer of this telecommunications company must fashion a response to a raider who claims that a major business segment of this company should be sold because it is not earning a satisfactory rate of return. The case recounts the debate within the company over the use of a single hurdle rate to evaluate all segments of the company versus a riskadjusted hurdle-rate
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Quantas Airlines Provide a definition of market demand. The market demand for a product is the total volume that would be bought by a defined customer group in a defined geographical area in a defined time period in a defined marketing environment under a defined marketing program (Kotler 145). It is not a fixed number‚ but rather a function of the stated conditions. How are market demand‚ market potential‚ and sales forecasting related to each other? When companies want to estimate the current
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Airlines to Philippines [pic]Air Asia flights [pic]AirPhil Express [pic]Cebu Pacific [pic]Philippine Airlines [pic]South East Asian Airlines (SEAIR) [pic]Sky Pasada [pic]Tiger Airways [pic]Zest Air |[pic]Delta flights | |[pic]United flights | |[pic]China Southern flights | |[pic]Air China flights
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tagline. This short-haul airline believes that by focusing on friendly service‚ speed and frequent point-to-point departures‚ its low pricing is able to compete against car transportation. While other competitors try to delight customers by investing in meals‚ airport lounges and seating selections‚ Southwest chooses to eliminate or reduces investments in these industry’s competitive factors. As a result‚ Southwest’s low prices are unbeatable making them the preferred airline in the industry. With a
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[pic] LEADERSHIP AT AIG: DOES STYLE MATTER? Case Overview This case deals with executive leadership styles. In particular‚ this case deals with American International Group‚ the world’s insurance company‚ and its CEO Maurice “Hank” Greenberg. Greenberg‚ an autocratic leader‚ was recently deposed by his board of directors after problems emerged regarding possible earning manipulation. It describes his leadership style‚ reasons his two sons (former employees) left the company‚ and Martin
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