...DON DON The Case of a Slovenian Gazelle This case study was written by Maja Makovec Brenčič and Monika Lisjak, Faculty of Economics, University of Ljubljana, Slovenia, as a part of the Leonardo da Vinci project “Moving towards the case method”. It is intended to be used as a basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation. 1 There was an atmosphere of tension before the management meeting at DON DON headquarters on 24 February 2005. The board members and regional sales managers were impatiently waiting to discover what was on the corporate agenda of Aleš Mozetič, the cofounder and chairman of the board of directors of the DON DON company. When Mozetič, a young, charismatic, and very ambitious manager, rushed into the room, the tension reached its peak. He briefly greeted the small group of highly committed managers and then energetically started his speech: Dear colleagues, we have been in the same boat for a long time. Most of you have known the DON DON company since its earliest stages of development, when my sister and I started the business. I still remember the excitement and the enthusiasm when we returned from visiting our relatives in Canada in 1993 and announced to our parents that we would enter the doughnut business . . . and the fervour while setting up machinery for baking doughnuts in the family garage. This was followed by a phase of intense work to open the first plant in Škofja Loka...
Words: 7315 - Pages: 30
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
Words: 2428 - Pages: 10
...1. American Sport Movies There are few countries in the world in which sports permeate national life to the degree that it does in the United States. Sports are a big part of the fabric of American life. The centrality of sports in American life is amply reflected in the American cinema. For decades movie makers have successfully mined sports to produce some of the most inspiring, poignant, exciting and memorable American movies ever made. The genre of ‘Sport Movies’ established in the Fifties and the Sixties. At the very beginning it was hard to see it as an independent genre because there was a lot of mixture. There have been propaganda movies as well as comedies, dramas, gangster movies or even westerns combined with some sport scenes. So the movie industry defined three categories of sport movies. Category 1: movies in which the main part of the narration is about sport or an athlete Category 2: movies which tell the life story of an athlete Category 3: movies which use sport scenes to describe a special milieu In addition to that there are a lot of movies of another genre which use sport scenes to dramatise the story or to create a good suspense. The first sport movies were all about the so called American Myth of victory and glory. Fair competitions and the better athletes defeating the weaken. The fascination of sport inspiring the people was used to lure the public. Then in the eighties and nineties there have been made a lot of biographical movies...
Words: 6996 - Pages: 28
...In this essay I want to examine how postmodernism is used throughout Don Delillo's White Noise and Caryl Churchill's Top Girls. Although each of the texts are very dissimilar they both concentrate on restrictions in society, yet open up a whole new perspective to what these oppressive values really do represent. Postmodern novels are known to be published after the Second World War. It was after the 19th century that modernism was introduced, where the constraints from society's values were rebelled against. However, in the last few decades, there is an evident change that had occurred. Modernism focuses upon values that are oppressing in society, such as class, politics, race and gender. Yet, postmodernism doesn't focus on these aspects in a way that is challenging them; it focuses more on a utopian idea of the world. It is where these constraints are not just acknowledged, but disregarded as they shouldn't seem to matter simply because boundaries in society shouldn't be an issue. Don Delillo's White Noise, was first published in 1984 and it looks into how the world is changing through the medium of popular culture, the media and most importantly, technology. The reader is exposed to this through the eyes of the protagonist, Jack Gladney who is a professor of Hitler studies in a university. A major theme that occurs throughout the novel is the subject of death. We see that Jack has a great fear of death. However, in one of Jacks lectures he unexpectedly confronts this fear by...
Words: 983 - Pages: 4
...The Poisoner of Montremos Even before money was invented, humans have always been hungry for riches. Although the main theme in the story of the Poisoner of Montremos is based on greed, what makes this tale especially gothic is the presence of murder, incest and suicide. When the story begins, we are introduced with a case of murder by poisoning. This form of assassination was very common in the middle ages. However, later on we realize the true identity of the killer. What pushes the murderer to kill is greed; one of man’s biggest weakness. The mystery behind the true identity of the assassin is yet another example of dark literature. On the side, it is also worth noticing the gruesome details of the torture scene: “…the joints snapped audibly into their sockets with the elasticity of a bow.” The pain is so amazingly described that even the reader can feel it. Also in the beginning, we are told about Don Juan’s incest crime on his half sister. Nevertheless, the Portuguese insists that he is in no way allied to Josepha and that he is innocent. Even though the subject was never talked about in the older days because it was and is still considered a taboo in most societies, in this tale the act of incest is another major theme. Finally all the complications and deaths cause the father of the poisoned girl to commit suicide. This is yet another topic that was never spoken of during that era, since the church condemns it. These casualties and murders also lead to the...
Words: 331 - Pages: 2
...The Scrushy Influence Table of Contents Table of Content…………………………………………………………………………………. 2 Abstract……………………………………………………………………………………………3 Introduction………………………………………………………………………………………..4 Richard Scrushy-Biography……………………………………………………………………….5 Health South History………………………………………………………………………………6 Health South Down Fall…………………………………………………………………………...7 Sentence…………………………………………………………………………………………...8 Sentence…………………………………………………………………………………………...9 Conclusion……………………………………………………………………………………….10 References……………………………………………………………………………………….11 Abstract This paper looks at the rise and fall of the Health South Corporation along with its founder and CEO, Richard Scrushy. One of the biggest fraud cases in recent history, this one company over- stated its revenue by four billion dollars, causing many people to lose both their life savings and their jobs. Over fifteen people received jail sentences, and even the Governor of Alabama went to prison. Richard Scrushy was sentenced to seventy (70) months in prison. Introduction Mr. Scrushy started his company in 1986, and by 2003 he had lost everything. However, what happened in those seventeen years was spectacular. Scrushy started a small firm which grew into a nationwide company employing over sixty thousand employees. By all appearances he was the golden boy in the medical insurance industry - acquiring other, smaller companies in order to expand his own corporation and enhance his own income. During those...
Words: 2030 - Pages: 9
...HealthSouth was one of the largest provider of outpatient surgeries in the United States. Not only the largest provider of outpatient surgeries in the United States but also the largest diagnostic and rehabilitative health care service in the United States. This was until March 19, 2003, when the Securities and Exchange Commission charged the company and Richard Scrushy with fraudulent account reporting of company finances. Scrushy and other executives from the finance and accounting departments (15 total) were later indicted in November 4, 2003. Richard Scrushy became the first CEO of any Fortune 500 company to be tried under the Sarbanes-Oxley Act of 2002 for any accounting fraud. During court proceedings other practices involving HealthSouth were uncovered. Things such as unethical behavior and corporate governance involving the Board of Directors (banks and creditors were suspected to be involved but were not indicted, only civil suits). Richard Scrushy was charged with money laundering, conspiracy, securities fraud, overstating HealthSouth's earnings, and 81 more counts. "The Commission's complaint, which was filed in the federal district court in Birmingham, Ala., alleged that since 1999, at the insistence of Scrushy, HealthSouth systematically overstated its earnings by at least $1.4 billion dollars. This was because they needed to meet or exceed Wall Street earning expectations" (n/a, 2013). Prosecutors believed that Scrushy intentionally allowed...
Words: 510 - Pages: 3
...are describing, and bring us as close to the original event or thought as possible without being filtered, influenced or analyzed through interpretation. They tend to be original documents that don't usually describe or analyze work by others. Primary information is in its raw state Primary sources may be published or unpublished works. Primary source means it is original article or book created by individual or sometimes a group of people. It may be surprising to know that a novel is a primary source. Other type of primary sources are painting created by an artist. If it were a photocopy of the painting, then it would be a secondary source. Some other primary sources are letters, films ,short stories, plays, poems, photographs, court cases, journals article, newspaper event and speech. For instance a speech by the President Obama would be a primary...
Words: 380 - Pages: 2
...INTRODUCTION This paper discusses the HealthSouth Case including the activities and subsequent prosecution of its CEO, Richard Scrushy. “During the trial of former HealthSouth CEO Richard Scrushy, federal prosecutors argued that Scrushy must have known something was amiss with HealthSouth’s financial statements since there was a discrepancy between the company’s financial and nonfinancial performance.” Over a ten-year period from 1987 to 1997, HealthSouth enjoyed above–average growth at a rate of 31 percent per year. (Jennings, 2012, 2009, p. 183) This phenomenal growth was due, in part, to a series of mergers and acquisitions let by the efforts of the company’s CEO, Richard Scrushy who ran the company with an iron fist and has at least one recorded conversation directing a CFO to fix the numbers over time. The fraud lasted for seven years and totaled approximately $2.7 billion. Mr. Scrushy denied knowing anything about the fraud, claimed it was all done by the people around him and was ultimately found not guilty of the fraud at HealthSouth but was convicted on bribery and corruption charges. Mr. Scrushy was ordered to pay $2.9 billion in restitution in a civil suit. “From at least 1996 until 2002, HealthSouth senior management perpetrated a financial statement fraud primarily through the use of nonstandard journal entries.” (Carmichael, 2010, p. 64) “Scrushy, once a high school dropout, worked as a gas station attendant and a bricklayer before retuning (sic)...
Words: 2339 - Pages: 10
...Student’s name Professor’s name Course name Date Mozart Introduction According to Fisher (15), Wolfgang Amadeus Mozart was a powerful Austrian composer whose success can precisely be dated from his childhood. The composer was born in Salzburg in 1756 and died in 1791 having written over 600 pieces of work of which many remain popular to date. Mozart could play clavichord at the age of three and began writing short compositions at the age of four. When he was 5, he gave his first public performance at Salzburg University. Between 1763 and 1766, Mozart, Nannerl, his sister who was talented in music, together with their father who was a musician as well toured Europe. They visited Paris, London among several other places where Mozart gave several successful concerts, even performing before royalty. This research paper examines the crucial role Mozart played during The Enlightenment. It further highlights the contribution made by the Austrian composer in the transition to romantic from the Enlightenment. Before and during the time of Mozart, composers served the royal courts or church as highly-skilled servants. In the same manner, he began his carrier by working for Salzburg’s Archbishop. Notably, his travels to France as well as England gave him an exposure to the ideals of equality and independence as well. This exposure prompted him to sever his loyalty to the master who employed him to offer services in a very rigid manner. He left for Vienna where he...
Words: 2135 - Pages: 9
...Service Operations Strategies Final Exam Please answer all three questions fully. Take your time. Think about your responses and ‘try out’ some of these responses. They may look ‘better’ or ….not as complete a day or two after you initially write them. As such, your response , often, requires some iteration and refining. Question 1 You’ve visited Biscuits & Bath, America’s largest ( ! ) full-service , chain dog care business. You have B&B’s service fee schedule. Please note the below NYT article about “The High Cost of Animal Ownership.” One couple featured in the article spends upwards of $15,000/yr to care for their dog. ( at least they don’t have to pay for college costs ) B&B is a premier and premium-priced service. They make no bones about this. Our visit highlighted the detailed research B&B ( and , in particular, Scott Smith, his partner , and Scott’s wife, Julie …..did in terms of service, operations, health care, and legal issues ) did and continues to do to constantly improve their service and operations. I, also, point out Maersk Lines . Maersk is the world’s largest container shipping service. They provide “womb-to-tomb” service to transport a customer’s goods. A more accurate characterization of Maersk’s service might be point-to-point. Maersk will deliver a container to your location, wait for you to load the container, pick up the container, load it onto a Maersk freight ship, and deliver the container to its destination. You can’t get...
Words: 837 - Pages: 4
...HealthSouth, the nation's largest provider of outpatient surgery and rehabilitative services, was founded in 1984 by Richard Scrushy and co-founder Aaron Beam. HealthSouth was involved in a corporate accounting scandal in which Richard Scrushy was accused of directing company employees to falsely report grossly exaggerated company earnings in order to meet stockholder expectations. Revenues continued to grow to more than $3.5 billion allowing Scrushy and Beam to enjoy the lifestyle that accompanies corporate success. Then everything changed when, in 1996, the company’s earnings fell slightly short of its goal. According to Beam, Scrushy ordered the books to be fixed. Beam explained, "HealthSouth was a very viable company," Beam explains (2012), "Our earnings projection was just shy of what Wall Street was expecting in 1996 - we were 90-95% there. When it got to the point that we couldn't legitimately make our numbers, Richard couldn't accept that. He's such an intimidating person and led the company as a maniacal dictator. He convinced us to fudge that 5-10% so we would make our numbers. He made us believe that we’d make it up in the next quarter. Unfortunately, my lead accountant said he thought he could make the entries and hide them from the auditors, and Richard said, ‘Let’s do it.’ The correct thing to do was to say no to him, stand up to him, but I didn’t. Obviously, I was weak of character.” Beam’s actions were not uncommon to say the least. Many business professionals...
Words: 945 - Pages: 4
...White Noise: The Representation of Technology Technology has become an indivisible part of our modern lives. It is present everywhere one looks and life without it would be impossible. In White Noise, the notion of modern technology is represented through the interaction between people and machines and our dependency on them, the steady flow of media affecting us daily, and the dangers technology poses for humankind. In White Noise, technology makes its presence known in the way we depend on and interact with machines. An example of this is Jack’s use of the ATM machine when his financial calculations are confirmed and a sense of peace and comfort seems to overcome his uncertainty (Sparknotes), “What a pleasing interaction. I sensed that something of deep personal value, but not money, not that at all, had been authenticated and confirmed” (DeLillo 46). An instance where our dependency on the use of cars for transportation is shown at the very beginning of the novel, “The station wagons arrived at noon, a long shining line that coursed through the west campus…The roofs of the station wagons were loaded down with carefully secured suitcases full of light and heavy clothing; with boxes of blankets, boots and shoes…” (DeLillo 3). Another occurrence of people’s dependency on the use of machines is throughout the airborne toxic event when sophisticated equipment and measuring devices need to be used to figure out the contamination levels and to protect the rescue personnel...
Words: 905 - Pages: 4
...Case Generate: Donald Ryan, a worker of Romney Automotive and the United Auto Workers Union. One day the the CBA stated that Romney Automotive employee was discharged for a workplace rule violation. This make Romney Automotive discharged employee Donald Ryan got discharged for appealed to arbitration. Is the arbitrator determined that Ryan violated the safe rule. Can arbitrator ordered Ryan reinstated. Can a cory set aside this order. Issues and Key Facts: In what issue that whether a court can set aside this arbitration order. This issue in turn rests on whether the arbitration is blinding or not. The most important of this case is to determined which side is the case on. Since this is a CBA, the arbitration is most likely binding that make...
Words: 455 - Pages: 2
...vocabGCSE 09 Spanish Vocabulary book Version- Draft 1 GCSE Spanish Edexcel GCSE in Spanish Edexcel GCSE 2009 Spanish Vocabulary Book Edexcel are pleased to oprovide this free vocabulary book freely to support learners following the the Edexcel GCSE 2009 Specification in Spanish. Please note: the most up to date version of this document is available on the Edexcel website and a definitive list of core vocabulary is available in the Edexcel Specification. Introduction This bilingual glossary has been produced to support you in your language learning and to help you prepare for the Edexcel GCSE. It features a revised minimum core vocabulary foundation level vocabulary (this has been expanded from the original one in the specification) as well as higher level vocabulary. English meanings, genders and irregular word endings are given and the vocabulary is listed both alphabetically and under the following Edexcel headings: High Frequency Language Verbs Adjectives Colours Adverbs Numbers Quantities Connecting Words Time Expressions Times Days of the Week Months of the Year Question Words Countries Continents Nationalities Areas/Mountains/Cities/Rivers Acronyms and Abbreviations Social Conventions Prepositions Listening and Reading Topics Out and About - Visitor Information, Basic Weather, Local Amenities, Accommodation, Public Transport, Directions Customer Services and Transactions - Cafes and Restaurants, Shops, Dealing with Problems Personal Information - General...
Words: 22359 - Pages: 90
