Flaw Case Studies Samples For Students

Powers Report: The Enron scandal

The Enron scandal that occurred in 2001 has been cited as the biggest audit failure. The scandal would later lead to the bankruptcy and collapse of Enron Corporation. Enron was an American energy company that was based in Houston. It was the largest energy company in the United States. The scandal also led to the dissolution of Arthur Andersen, an accounting firm that was one among the largest five accounting firms in the world. The investigation began when the share price of the company declined sharply from $ 90.75 in the mid of 2000 to less than $1 in 2001 ( ...

Entrepreneurs face many challenges and temptations when starting their businesses. Ethics usually is not at the top of the list. Ethics is doing the right thing when no one is looking. We currently live in a culture where the means justify the end. For entrepreneurs, it is easy to cut corners to gain an advantage when the stakes are so high. Many times, entrepreneurs risk everything. They are not worried about moral judgements or bending the truth. The uncertainty and pressure to succeed quickly is at the top of their lists.
New start-ups lack the infrastructure to create standards ...

Executive Summary

Mattel is one of the largest toy manufacturers in the world. It has business operations all across the world. Mattel sources most of its toys from Asian subcontractors. China is the main source of Mattel toys. In 2007, a retailer found lead paint in Mattel toys. This started a huge investigation on the part of US government and Mattel. Mattel recalled millions of toys from the market. The CEO of Mattel apologized to the customers. Mattel also employed huge changes in its safety and quality check policies. It also acted in a very transparent way in the investigation and helped the government ...

1. Explain Apple's business and IT strategy. What, in specific, aspect in the strategy you believe boosted Apple? Illustrate
Apple’s business and IT strategy have been influenced largely by the distinct design of its products. The former CEO introduced a new way of designing their products to meet the lifestyle and different cultures of individuals. For instance, the design of its iMac in 1998, involved colorful translucent cases that had a discrete eggshell design (Yoffie, 2010). Compared to its previous personal computer products, the iMac also supported plug and play features such as printers, which assisted in boosting Apple’ ...