There is a strong case to be made for industrial societies to change over to renewable sources of energy. At the centre of the debate is the unsustainable continuing fossil fuel usage and the attendant environmental degradation. The United States is one of the largest consumers of fossil fuels in the world and has been…
Category: Business
Bernard Madoff: Scapegoat of an Economic Crisis
Throughout human history punishments have been meted out to people who are not guilty or only partially guilty. Actions that can invoke punitive action from the authorities include treason, fraud, crime, breach of trust, etc. Famous examples from recent centuries include Galileo Galilei, Charles Darwin, Bertrand Russell, etc, who were ostracized and punished for expressing…
The advantages and challenges of European integration for business in the 21st century
Introduction: With Europe being the epicentre of the two Great Wars of the last century, a robust arrangement of cooperation and mutual benefit was made imperative. With the collapse of the Berlin Wall, an opportunity was created for the erstwhile divided Europe to once again unite under a democratic framework. On the broader geo-political scale,…
The Corporation Documentary – Summary – Analysis
The documentary film titled The Corporation (2003) attempts to present to the viewer different facets of this institution. The points of view presented in the mainstream media are quite different from the actual realities associated with business corporations. The documentary is based on a book written by Joel Bakan titled The Corporation: The Pathological Pursuit…
Relevance of the Sarbanes-Oxley Act of 2002 to the Madoff Scandal
The investment scandal perpetrated by Bernard Madoff is the largest financial fraud in the history of capitalism. It is believed that Madoff’s secretive investment advice firm caused a loss of nearly $65 billions for the 4,000 odd investors who trusted his firm with their wealth. The investors consisted of several celebrities as well as people…
Compare and contrast: The causes of the Great Depression and the 2008 economic crash
The Great Depression is one of the most significant periods in American history. This period of economic recession began in 1929 and continued for another ten years. Today we are in the midst of another economic recession, one that was triggered by the sub-prime mortgage crisis of 2008. The intensity and scale of the present…
Management Strategy: A case study of Guardian Media Group
News media institutions across the world are always pressed with the two opposing imperatives. On the one hand is the upkeep of brand value through reliable, balanced journalism. On the other hand is the pressure to achieve commercial viability. The news media in the United Kingdom is no exception to this rule. The Guardian Media…
Event Management across two different cultures
Drawing on relevant academic and professional literature on culture and management, write a report on how Events Managers from two different national or ethnic backgrounds might plan, execute and manage a Local City Film Festival. Make recommendations on how the two managers could work better together. Managers of international business corporations and institutions agree that…
A review of the US housing market crash of 2007-2008 & forecasts for the future
The severe decline in the state of world economy in the last two years is a culmination of several factors. But the bursting of the housing bubble in the United States alongside a precarious credit crunch situation have played major roles in precipitating the latest episode of economic recession in many countries. While the advanced…
Difference between Limited Liability Corporation and Limited Liability Partnership
One of the key advantages of limited liability partnerships (LLPs) is that it minimizes the risk borne by each member of the partnership. But, LLPs still impose certain obligations from each of the partner as a way of maintaining standards of accountability. LLPs differ from other general partnerships in one particular aspect, namely, that each…