Finance

Introduction Enron began its life in 1985 and appeared to be a rising star in the business world. In conjunction with the accounting firm Arthur Anderson Enron became one of the biggest accounting scandals in history. There were numerous ethical dilemmas in addition to the many illegal acts during rise and fall of Enron. This…

Introduction Low- Cost Country Sourcing (LCCS) is a global sourcing strategy that has dominated the world of business past couple of decades. Using foreign firms with relatively lower wages to produce manufacturing resources is a great way to reduce operational expenses. The switch to low- cost country sourcing was largely driven by the fact that…

Introduction   The work motivation theories can be broadly classified as content theories and process theories. The content theories are concerned with identifying the needs that people have and how needs are prioritized. They are concerned with types of incentives that drive people to attain need fulfillment. The Maslow hierarchy theory, Fredrick Herzberg’s two factor…

Introduction   What is money? Money is primarily a current medium exchange, for a person to buy goods and services from other person in the form of coins and banknotes (Freeman, 2012). It is critical to have a clear definition between money and wealth. In general, people may tend to use the term “money” as…

Executive summary Location of the spa business venture is the outskirts of New York. The spa is expected to serve as a new upscale destination that focuses on the provision of the complete day spa experience to strictly male clients. The business intends to serve the health and beauty needs of the men. The spa…

Introduction   Despite the fact that Bank of America made an investment of $268.8 billion in activities related to corporate social responsibility in 2010, it was the largest target of the protesters of occupies Wall Street in 2011. By 2008 July, the Bank of had made acquisition of Countrywide Financial making it the America’s largest…