1. IBM as a product centric organization before its near failure was a bloated organization with 400 000 employees heavily invested in low margin‚ transactional‚ commodity-based businesses. As technology progressed‚ the demand for IBM’s inventions began to diminish. The entire organizational structure was also growing redundant‚ making it more challenging to face off competition from smaller and less diversified competitors. As Louis Gerstner‚ Jr embarked on turning the entire company around‚ there
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Rise and Fall of the Maya: Research Paper The Maya were a native Mesoamerican group of people who erected one of the most sophisticated cultures in the Western Hemisphere. They inhabited areas in southern Mexico‚ and also surrounding Locations included Guatemala‚ Belize‚ El Salvador and parts of Honduras. The Maya religion civilization came into prominence in 250 A.D.‚ administering a polytheistic approach to worship which included human blood sacrifices to honor their gods or to culminate the crowning
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ACARS via Iridium Iridium is a large satellite constellation that consists of 66 low-earth orbiting (LEO)‚ cross-linked satellites operating as a fully meshed network providing truly global coverage (including oceans‚ airways and polar regions). Iridium satellites are in a near-polar orbit at an altitude of 485 miles. The network is composed of 66 active satellites that fly in six orbital planes‚ each with 11 satellites per plane. Satellites circle the earth once every 100 minutes. ACARS is
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Critique the financing choices of Iridium up to January 1999. Pay special attention to the theoretical motivation for the use of either debt or equity. 2. Value Iridium’s shares as of January 1999 and as of May 1999. 3. Propose a reorganization plan for Iridium based on your value estimates and the outstanding claims as of July 1999 4. Based on your value estimates and the reorganization plan‚ estimate the magnitude of the costs of financial distress for Iridium as a fraction of firm value
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Introduction The rise and fall of Parmalat was an important event as it highlighted the corporate governance issues in the corporate world of Italy. Parmalat was found by Calisto Tanzi‚ CEO and Chairman‚ in 1961 with a pasteurisation plant in Italy. The company was headquartered in Italy and had grown to be a multinational company into all sorts of milk products‚ beverages and bakery goods. Three decades later‚ in 1990‚ it became a publicly traded entity and was listed on the Milan stock exchange
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distribution to your colleagues‚ clients or customers here or use the "Reprints" tool that appears next to any article. Visit www.nytreprints.com for samples and additional information. Order a reprint of this article now. May 13‚ 2010 The Rise and Fall of the G.D.P. By JON GERTNER Whatever you may think progress looks like — a rebounding stock market‚ a new house‚ a good raise — the governments of the world have long held the view that only one statistic‚ the measure of gross domestic product
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- Hitler was fully responsible for the order for the mass executions in Poland in 1939 and 1940. He was also actively engaged in setting up plans for a Jewish reservation in Poland and he backed the Madagascar plan. He was continually preoccupied with further deportations and deportation plans. - In 1941 Hitler ordered the extermination of every potential enemy in the occupied Eastern territories. He was fully aware of mass executions of Jewish civilians in the occupied Eastern territories.
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Enron’s origins date back to 1985 when it began life as an interstate pipeline company throughthe merger of Houston Natural Gas and Omaha-based InterNorth. Kenneth Lay‚ the former chief executive officerof Houston Natural Gas‚became CEO‚ and the next year wonthe post of chairman. From the pipeline sector‚ Enron began moving into new fields. In 1999‚ the company launched its broadband services unit and Enron Online‚ the company’s website for trading commodities‚ which soon became the largest business
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Iridium Case Study Iridium is a famous case in which Motorola and other well known companies invested about $5 billion in a satellite venture that would enable a person to use his cell phone around the world. The investment included more than $2.2 billion in debt. Soon after operations began‚ the company declared bankruptcy and its assets were ultimately sold for only $25 million‚ leaving the lenders with a total loss. It is obvious that projections made by the company and endorsed by the most
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The Progressives were a diverse group of people that wanted to offer practical solutions to the social problems that were associated with industrialization and urbanization. Progressives opposed laissez-faire economics‚ which led to a new movement to allow government and private groups to intervene and regulate business firms and private individuals for the good of society. In addressing these problems‚ Progressives organized their ideas and actions around three main goals. They sought to end
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