The mantra of American business is growth. Business leaders employ multiple strategies like buying out the competition and innovating products. However‚ things go wrong all the time‚ resulting in huge write-offs‚ bankruptcy and closed business lines‚ not to mention public humiliation. Chunka Mui and Paul Carroll‚ authors of "Billion-Dollar Lessons: What You Can Learn from the Most Inexcusable Business Failures of the Last 25 Years" say seven strategic mistakes are behind many business failures.
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Why did the depression of 1893 occur? Source: Romer‚ 1984 The depression‚ which was signalled by a financial panic in 1893‚ has been blamed on the deflation dating back to the Civil War‚ the gold standard and monetary policy‚ under consumption (the economy was producing goods and services at a higher rate than society was consuming and the resulting inventory accumulation led firms to reduce employment and cut back production)‚ a general economic unsoundness (a reference less to tangible economic
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On March 5th 1770 a horrendous war broke out between the British troops and the Bostonians‚ it was called The Boston Massacre. 6 were killed and 5 were injured both troops and citizens. Some people have tried to blame this war on the citizens and most blame it on the soldiers. The bostonians started the fight but they most likely didn’t think that it would escalate to the point it did. They took advantage of the soldier in acting in this way and got what they deserved. On the day of
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Steel ball is widely used in machine‚ but also ages rapidly. Therefore‚ knowing the ball mill course and causes of aging can improve the life span. There are four major causes of steel ball aging Firstly‚ cutting and shaping abrasion. The relative sliding motion in the cylinder of ball mill ball is in the rising phase‚ hard material by the group is in cutting groove‚ and cutting softer materials on the ball is of the relatively shallow. Materials produce local shaping abrasion of the
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The Europeans did not really have an interest in sailing the world and exploring foreign lands‚ but that all changed by the 1400s. What led to the Europeans wanting to explore the world was the desire to grow rich and to spread Christianity‚ coupled with advances in sailing technology‚ spurred an age of European exploration. The main motive for exploring the world was the the desire for new sources of wealth. The Europeans figured that overseas trade would bring a lot of wealth their way through
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The Compromise of 1850 was a series of measures proposed by Henry Clay. It was passed by Congress in an effort to settle outstanding issues with slavery and to avert the threat of dissolution of the Union. The crisis arose from the request of California admitted to the Union as a free state. The problem was complicated by the unresolved question of slavery’s extension into other areas ceded by Mexico the preceding year. Clay’s purpose was to maintain a balance between free and slave states and to
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Almost immediately after the war ended‚ the northern senators went into the south to try to “fix” the state governments. There were two major plans for Reconstruction‚ Presidential Reconstruction and Racial Reconstruction‚ designed by congress. President Lincoln believed that the south had never “legally” seceded from the union so his plan was to grant forgiveness in an attempt to reunite the states. However‚ he was assassinated just a few days after the end of the war so he was unable to put anything
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Vodafone Essar Gujarat Ltd.‚‚ ... vs Assessee on 29 January‚ 2010 Income Tax Appellate Tribunal - Ahmedabad Income Tax Appellate Tribunal - Ahmedabad Vodafone Essar Gujarat Ltd.‚‚ ... vs Assessee on 29 January‚ 2010 The AYIN THE INCOME_TAX APPELLATE TRIBUNAL "A" BENCH‚ AHMEDABAD BEFORE SHRI H.L.KARWA‚JM AND SHRI A.N.PAHUJA‚AM ITA No.1878/Ahd/2009 (Assessment Year : 2006-07) A.C.I.T. Circle - 8‚ Vs. Vodafone Essar Gujarat Ltd. Vodafone House‚ Corporate Road‚ 4th Floor‚ Ajanta
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’Perception without reason is mere experience‚ but reason without perception is nothing.’ In order to comment on the statement given above‚ we must first understand what is meant by the terms perception and reason. One of the most commonly used definitions‚ from the most trusted source of definitions‚ of perception is the ability to become aware of something through our senses and to understand/interpret it in a particular way‚ whereas reason is commonly defined as the ability to think and draw
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The Sleep of Reason Produces Monsters- The Infinite Conflict of Reason In his painting titled “The Sleep of Reason Produces Monsters‚” Francisco de Goya illustrates a horrific image of a man sleeping while being attacked by “monsters” as a product of his failure to create. Yet Goya ‘s depiction does more than merely tell a story. When analyzed in the historical context‚ the painting beckons and outlines much of the rhetoric of the enlightenment period - that human reason will produce progress
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