Executive Summary Priceline Inc. is an online travel booking site that helps customers worldwide purchase airfare‚ hotels‚ rental cars‚ and much more. The three categories I chose to analyze are business model and strategies‚ business finances‚ and expansion of the company through acquisitions. For Priceline to have success‚ I believe the business model and how the company builds its model is extremely important. Next‚ it is crucial that we look at the finances of the company to ensure it is profitable
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Priceline case study Full Description priceline.com Incorporated (priceline.com) is an online travel company‚ which offers a range of travel services‚ including hotel rooms‚ car rentals‚ airline tickets‚ vacation packages‚ cruises and destination services. Internationally‚ the Company offer customers hotel room reservations in over 90 countries and 32 languages. In the United States‚ priceline.com offer the customers the ability to purchase travel services in a price-disclosed manner or the opportunity
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Assignment 6. Lessons Learned and to be learned Submitted To: Professor Paul Stewart Submitted By: Rehan Mirza Date: March 25‚ 2013 Background: Managing Total Technology was the first simulation course I have ever enrolled for. From the very beginning of the course‚ I knew that it will a very interesting course and indeed‚ I find it to be a successful‚ memorable and exciting way of education. Part 1: Honestly speaking I took the simulation very easy in the beginning. But as we move
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The case of the man taping basketball girls case in Waseca County took place in February 23‚ 2012. In this case‚ two men noticed a 58-year-old man was video taping West High School girls playing basketball game and the man was accused of filming a particular girl player in the basketball team. The girl’s father confronted the man with the camera but the man appeared to be nervous and he stuttered. Later on‚ the man was brought into West activities director Ken Essay’s office and the man said that
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WorldCom: internal audit lessons to be learnt On June 9 2003‚ the U.S. Bankruptcy Court of New York issued a report on the WorldCom accounting fraud that expands on the court’s earlier findings of mismanagement‚ lack of corporate governance‚ and concern regarding the integrity of the company’s accounting and financial reporting functions. Supervised by former U.S. Attorney General Richard Thornburgh‚ the study was commissioned by the court to investigate allegations including fraud‚ mismanagement
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Question 2 Introduction Takealot.com is one of South Africa fastest growing and largest online retail stores. This great e-commerce business was officially launched in 2011 after the acquisition of Take2.com by Kim Reid who is a former senior executive at Naspers and the US based hedge fund‚ Tiger Global. Takealot.com offers a service of online shopping to consumers. This business was developed with a simple vision and goal in mind which is to offer a one stop customer focused online retail store
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Running head: CASE ANALYSIS OF THE ACCOUNTING FRAUD AT WORLDCOM Case Analysis of the Accounting Fraud at WorldCom Angela Crossley Troy University October 27‚ 2008 History The origin of WorldCom can be traced back to 1983. The CEO‚ Bernard J. Ebbers‚ of WorldCom had very interesting beginnings. He invested in Long Distance Discount Services (LLDS) with eight other investors‚ and believed that the telecommunications industry was a very good business venture. In the beginning
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Case Study Analysis In the beginning of April ABC‚ Inc. hired Carl Robins as their new campus recruiter. Carl was new to his position‚ but that did not stop him from striving to be a great recruiter right from the start. Carl successfully hired 15 new trainees to work for Monica Carrols the Operations Supervisor. Monica checked in with Carl to advise him of all the steps that are necessary to complete before the trainees could start working for the company. Carl felt confident about the situation
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There were several situations that lead the executives and managers of WorldCom to "cook the books." Acquisition of other companies drove WorldCom to spend beyond their means; managers were told to spend whatever was necessary to increase revenue‚ even if it meant that long-term costs would outweigh the short-term gains. This fiscally unhealthy mentality led to a very bad decision to enter into long-term fixed rate leases for network capacity with extensive punitive termination provisions. Once the
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Executive Summary Expedia and Priceline are the leading competitors of the online travel service. With travel being one of the Internets hottest commodities‚ these two companies have been in competition for the top spot. Both businesses offer great deals on hotels‚ car rentals‚ and most importantly travel accommodations. The financial post online interviewed Expedia’s managing director Sean Shannon about how he keeps the online travel superstore unique. He noted that they “invest a lot in technology
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