Judgment in Managerial Decision Making: The Ponzi Scheme
Everyone makes decisions, both good and bad, throughout their lives. Recently, there has been quite a bit of talk about the bad decisions that businesses and their executives have made. Issues like the stock market and sub-prime mortgage issues have financially devastated some people, as have Ponzi schemes. These types of schemes create fraudulent investments that seen to offer great rates of return (Dunn, 2004). Instead of investing, though, the person running the scheme is using the investment money from new investors to pay the "dividends" of previous investors. More and more money is needed to sustain the scheme, but by the time everything collapses the original person running the scheme has pocketed and/or spent a huge amount of money (Dunn, 2004). Many people have been jailed for Ponzi schemes, as most people do not get away with them for very long because they eventually have to stop paying investors since they really do not have the money to continue the scheme forever.
The largest Ponzi scheme in history was undertaken by Bernie Madoff,...
BEC students' team developed a context diagram for a Web-based customer relationship management system, and the project was later named MyBroadway. To provide greater understanding on the requirements of the project, the BEC team analyses various structure of the context diagram, and based on the data flow discovered, the project composes of the movie rental agreement that states the number of movies that a customer is allowed to rent. The
Once the final phase of the SLDC is implemented for the wireless order capture and ordering system there is greater potential for order accuracy as well, as the waiter and waitresses will have helped designed the entry screens and workflows. Making the order capture and online ordering system more efficient with a higher level of accuracy will ensure greater levels of customer satisfaction over time and actually strengthen the concept
Cultural Analysis of Broadway Electronics Company and Suning Network Company Cultural analysis of Broadway Electronic Competencies Broadway electronics has a variety of competencies that contribute to its competitiveness and excellent performance in the marketplace. The quality of its catalogue and custom formulations attests to its competencies. The packaging adopted by the company has long been recognized as its source of competitiveness. The company packages its products from quantities of 5ml to 500L to
lightness delivers no depth in terms of political or social commentary, an American in Paris accomplishes what many Broadway musicals set out to do: provide a fantastic array of song and dance numbers sure to impress. As an adaptation of the original film from the 1950s, An American in Paris offers a modern rendition, albeit in period costume and set design. The music is nostalgic, and so are the
Theater Articles: Recent Broadway Crises Julia Jacobs’ article in the New York Times entitled “Dancer Tries to Quell ‘West Side Story’ Controversy: ‘I Am Not a Victim’” raises interesting questions in the #MeToo era, namely who can and should define what constitutes a victim of sexual assault. A controversy arose in the casting of the actor Amar Ramasar the Broadway revival of West Side Story, due to the fact that Ramasar
Performance Comparisons: Gershwin, Bernstein, MirandaWhen George Gershwin premiered his operetta�Porgy and Bess in 1935, it was historic to feature persons of color in what was supposedly the high art of opera. Although the singer Ann Brown was a great classical singer, it was rare for persons of color to be cast in such roles. Brown notes her resentment in an interview that she resisted being pigeonholed into stereotypical sounds and
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