Crooked CEO gets 50 years jail In 2013‚ the founder of Peregrine Financial Group Inc. sentenced 50 years jail for stealing $250 million from investors and hiding his theft around 20 years. The U.S. Attorney Sean R. Berry of the Northern District of Iowa states that‚ for years seemed Russell Wasendorf‚ Sr. was a successful CEO of his own brokerage and respected member of his company‚ supporting local charity‚ and creating jobs. But in reality‚ “he was a con man who built a building on smoke and mirrors”
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Case Study 8: Material Requirements Planning and ERP Auto Parts‚ Inc. Auto Parts‚ Inc.‚ is a distributor of automotive replacement parts. With no manufacturing capability‚ all the products it sells are purchased‚ assembled‚ and repackaged. Auto Parts‚ Inc.‚ does have extensive inventory and assembly facilities. Among its products are private-label carburetor and ignition kits. The company has been experiencing difficulties for the last 2 years. First‚ profits have fallen considerably. Second‚ customer-service
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2. Longeta’s reasoning for recording $5.8 million as a current revenue was that this part of the contract was related to the delivery of the software. Since the product was shipped by the September 30th year-end‚ Longeta thought that they were allowed to do this under the revenue recognition principle. The reasoning for the $1.2 million being recorded as deferred revenue was that this amount corresponded to updates and technical support services which had not been performed at the year-end. This
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Healey COMM 400 21 June‚ 2014 UMUC Blackhorse v. Pro Football Inc. “Go Skins!” An 82 year old cheer never to be heard again on the gridiron In Blackhorse v. Pro Football Inc.‚ the Trademark Trial and Appeal Board of the US Patent and Trademark Office invalidated the trademark of the Washington Redskins. Filing in 2006‚ five plaintiffs‚ all Native Americans‚ have finally won a historic trademark cancellation case against one of the National Football League’s (NFL) oldest franchises‚ the
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Weeks before Christmas 1993‚ retailer Merry-Go-Round Enterprises Inc. was in trouble. Its stores catering to teenagers were eerily empty‚ thanks to an ill-timed bet on bell-bottom trousers and oversized hip-hop clothes. As losses piled up and suppliers threatened to bolt‚ the company turned to a newly hired law firm to find turnaround experts who could save it. The lawyers’ recommendation: Bring in consultants from Ernst & Young. To worried creditors‚ the solution for Merry-Go-Round was obvious:
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Case Analysis: Apple‚ Inc. (Case Study) Unit 1 Rolf Vonderheide Kaplan University GB520 Strategic Human Resource Management Professor Steven Cates November 11‚ 2014 Introduction The purpose of this case analysis is to answer the following question as it relates to Apple‚ Inc. “What is strategic management and why is it crucial to the success of an organization in meeting its goals and mission?” Strategic Management refers to the set of decisions and actions used to formulate and implement strategies
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Innovative service business models that behave disruptively* in the market and have the opportunity to overtaking existing market leaders in the industry and QuickMedx is a good example of such a disruptive model. Unlike outpatient clinics and emergency care centers‚ QuickMedx offered a fast and convenient way at low cost to its customers to get treatment for common illnesses such as strep throat‚ influenza‚ ear infection‚ pink eye and seasonal allergies which people had to wait for hours at clinics
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University of Phoenix Material Ballard Integrated Managed Services‚ Inc.‚ Part 1 Barbara Tucker looked out her 6th floor office window to view the sprawling campus of the Douglas Medical Center (DMC). Her employer‚ Ballard Integrated Managed Services‚ Inc. (BIMS)‚ provided food and hospitality services on a contractual basis for all patient and staff needs. As general manager of this site for BIMS‚ Barbara was concerned about her staff’s morale. She felt that it had been weakening over the past
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various circumstances. 2. Know how to “correctly” measure volume and mass (weight). 3. Become familiar with significant figures and its relationship to measurements and data recording (significant figures). 4. Become familiar with the errors‚ precision and accuracy associated the various measurement tools and techniques. 5. Determine the density of liquids and solids. 6. Determine the best-fit straight line as a method to examine linear relationships and to use this relationship as a predicative
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Founded in 1902 by James Cash Penney‚ J. C. Penney Corporation‚ Inc. (JCP) is a chain of mid-range department stores based in Plano Texas. JCP currently has 1‚060 department stores in 49 U.S. States in operation. JCP stores sell conventional merchandise as well as leased departments. Some examples of leased departments are Sephora‚ optical centers‚ portrait studios‚ and jewelry repair. Before 1966‚ most of its stores were located in downtown areas. As shopping malls became more popular in the latter
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