American International Group and the Bonus Fiasco On September 16‚ 2008 AIG suffered a liquidity crisis following the downgrade of its credit rating. In response‚ the federal government allotted AIG 85 billion in a bailout to keep the firm afloat in exchange for an equity stake in the company. In a very controversial move‚ AIG paid out more than 500 million in salaries and bonuses to senior employees after accepting the federal assistance money. This outraged the public‚ and in turn politicians
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time to introspect‚ suspect‚ respect – an Indian perspective Rashmi Aggarwal IMT Ghaziabad‚ Ghaziabad‚ India Abstract Purpose – The purpose of this paper is to understand the culpability of independent directors (IDs) in a public listed company under clause 49 of the listing agreement of the Securities Exchange Board of India‚ which‚ primarily‚ is the corporate governance mandate in India. Design/methodology/approach – This paper has been developed on the basis of intensive interviews conducted
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the importance of the famous management technique called JIT (Just In Time) and its use in one of the most well known company "HONDA". The case extensively discusses the features‚ importance‚ implementation‚ and the various problems of Just in time. JIT was first implemented by Toyota and the technique is very commonly used in many Japanese companies and HONDA is one of them. The main purpose of developing this case study is to understand JIT as an operation management technique in the business world
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AUTHORITY OF INDIA LIMITED SUBMITTED BY: THOMAS PAUL ALENCHERRY INTRODUCTION Steel Authority of India Limited (SAIL)is one of the largest state-owned steel-making company based in New Delhi‚ India and one of the top steel makers in World. With a turnover of 486.81 billion (US$7.4 billion)‚ the company is among the top five highest profit earning corporate of the country . It is a public sector undertaking which trades publicly in the market is largely owned by Government of India and acts like
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Only a Biker knows why a dog sticks his head out of a car window. Bikers’ saying 1. Introduction. The motorcycle‚ since its inception‚ has always been more than transportation. Because it takes place in public space‚ and because‚ in developed nations‚ it’s no longer essential as an economic form of transportation‚ it’s become a sport as well. As a result‚ it’s always been iconic‚ even over-encoded‚ so the mere fact of riding is at once an activity and a performance. Its essence
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Description Honda Motor Co.‚ Ltd. (Honda) is one of the leading manufacturers of automobiles in the world. It principally engages into development‚ manufacture and marketing of small and general purpose engines‚ scooters‚ and passenger and specialty sports cars. The company also provides financial services to its customers and dealers. Honda operates its business through 501 subsidiary companies and affiliates. The company operates its business in four segments namely‚ Automobile Business‚ Motorcycle Business
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India is a fascinating country where people of many different communities and religions live together in unity. Indian Population is polygenetic and is an amazing amalgamation of various races and cultures. It is impossible to find out the exact origin of Indian People. The species known as Ramapithecus was found in the Siwalik foothills of north western Himalayas. The species believed to be the first in the line of hominids (Human Family) lived some 14 million years ago. Researchers have found
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Project Management Recommendation OPS/571 July 7‚ 2014 Project Management Recommendation To make a proper decision based on the three recommendations from the Piper Industries Corp. we must take a look at each one. Juniper is an improvement of the widget offered currently by the company‚ with Palomino a new line of widget products along with improvements using the existing technology‚ and Stargazer is completely new widgets that research and development has started. Our team has been tasked
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MARKETING MANAGEMENT “National College Of business & Administration” Submitted to: Mr. Sajjad Hussain Submitted by: Zohaib Ahmed Chaudhry Registration #: 2131180 Project on HONDA ATLAS CARS‚ PAKSITAN LIMITED MISSION STATEMENT “We see the world not as it is‚ but as it could be.” History Honda Atlas Cars Pakistan Limited is a joint venture between Honda Motor Company Limited Japan‚ and the Atlas Group of Companies‚ Pakistan. The company was incorporated on November‚ 1992 and
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To: Mr. Jim Johnson‚ Manager of West Indies Yacht Club Resort(WIYCR) From: Mr. Patrick Dowd‚ Management Consultant Date: 8th December‚ 2010 Recommendation Report for West Indies Yacht Club Resort 1. Introduction As the request of the General Manager of WIYCR Mr. Jim Johnson‚ our team has performed a review on the operation of the Resort to identify the reasons of the problems the resort was facing. This report is to provide further information on top of the presentation. The resort has
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