CASE NO. 1: STIRLING HOMEX CORPORATION POINT OF VIEW: The Chief Financial Officer (CFO) of Stirling Homex Corporation (SHC) as he/she will be the one to be of best knowledge to analyze the financial statements of SHC. He/she will also have the authority to make decisions/recommendations and influence the CEO in making management decisions. CASE CONTEXT: In the late 1960’s the US Department of Housing and Urban Development (HUD) launched the Operation Breakthrough‚ a project that aimed to “revolutionize”
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CORPORATION VS PARTNERSHIP 1. Creation CORPORATION Created by operation of law; PARTNERSHIP Created by agreement of the parties; 2. Numbers of incorporators CORPORATION Requires at least 5 incorporators; PARTNERSHIP Requires at least 2 partners; 3. Commencement of juridical personality CORPORATION Acquires juridical personality from the date of issuance of the certificate of incorporation by the Securities and Exchange Commission ;PARTNERSHIP Acquires juridical personality form the
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Harvard Business School 9-681-045 Rev. February 27‚ 1998 Burger King Corporation The first Burger King restaurant in Miami in the mid-1950s featured a walk-up window‚ a limited menu (burgers and shakes for 19¢‚ sodas and fries for 10¢)‚ and "your food ready by the time you ’d paid for it." As one early manager recalled‚ "Our windows faced front so we could see customers driving in. With the limited menu‚ we pretty much knew what they ’d order and we ’d have it ready." In the 1960s and 1970s
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Case 3-1: Southwest Airlines Corporation What is Southwest’s strategy? What is the bases on which Southwest builds its competitive advantage? Cost cutting SWAC uses a low-cost strategy. They had the lowest operating-cost structure in the domestic airline industry. Employee satisfaction Together with this strategy‚ they want to achieve customer satisfaction by employee satisfaction. They are famous for their customer and employee relationship. SWAC has been recognized by multiple organizations
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of ice cream. The Tans’ hamburger‚ made to a home-style Philippine recipe developed by Tony’s chef father‚ quickly became a customer favorite. A year later‚ with five stores in metropolitan Manila‚ the family incorporated as Jollibee Foods Corporation. The company’s name came from TTC’s vision of employees working happily and efficiently‚ like bees in a hive. Reflecting a pervasive courtesy in
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Criminal Law to Regulate Corporate Conduct Hasnas‚ John. (2010). Where is Felix Cohen When We Need Him: Transcendental Nonsense and the Moral Responsibility of Corporations Husak‚ Douglas. (2000). Retribution in Criminal Theory. 37 San Diego Law Review 959. Husak‚ Douglas. (2004). Crimes Outside the Core. 39 Tulsa Law Review 755. Husak‚ Douglas. (2008). Overcriminalization. Oxford: Oxford University Press. Husak‚ Douglas. (2011a). Retributivism‚ Proportionality‚ and the Challenge of the Drug Court Movement
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Lion Corporation BHD 1. Introduction Vision: To be among the top 10% lowest cost steel producers in the world Mission: We are committed to make Lion Corporation a caring organisation and be recognised for excellence in quality‚ growth and profitability. Objective: Reposition the Company steel division back to profitable industry within 5 years Corporate governance statement The Board of Directors (“Board”) recognizes the importance of practicing and maintaining
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Case 3C RUG BUG CORPORATION A. L. Young has come a long way with his latest invention‚ the Rug Bug‚ a motorized wheelchair made especially for children. His lightweight‚ relatively inexpensive model has no direct competition in a field dominated by companies that produce scaled-down versions of adult models that are inappropriate to the needs of children. A working prototype has been built‚ office space and manufacturing capacity contracted‚ and an initial sales force recruited. The only element
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The Fraud of Digi Corporation For Fraud Examination The Fraud of Digi Corporation Suramanian Krishnan‚ better known as Kris Krishnan was once the CFO of Digi Corporation based in Plymouth‚ Minnesota. He was a graduate of Bangalore University who further studied at Minnesota State University and finished up at the Wharton School of Finance. His career began back in 1979 at Hansen Company as a CPA‚ and he soon moved though several positions as an International tax manager at Eco Lab and
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Depression Economics and the Crisis of 2008‚ Paul Krugman‚ has several rewarding occupations; he is an economics and international affairs professor at Princeton University‚ Centenary Professor at the London School of Economics‚ and also a widely known columnist for The New York Times‚ which he received the title as “the most important political columnist in America” by The Washington Monthly. Krugmans’ book‚ The Return of Depression Economics and the Crisis of 2008‚ was highly praised and became a New
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