times more debt than its mere $25 million in cash. Indeed, the company's risk factors in its annual SEC filing specifically contain the following warning: "We may be substantially more leveraged than certain of our competitors, which may place us at a competitive disadvantage." In its filing, the company said that paying off some of its debt is its primary reason for going public. J. Crew hasn't had a profitable year since its flush 2001, which has become the benchmark for many of the metrics we've
Words: 1805 - Pages: 8
effects of democracy on inequality. So one would be excused for paraphrasing Edwin Starr’s famous song and Ian Morris’s forthcoming book, War! What Is It Good for?, and ask “democracy, what is it good for?” Certainly not economic growth, most would reason. This conclusion is based on a consensus engulfing both academia and the popular press that democracy is at its best irrelevant for growth, and perhaps even a hindrance. For example, Tom Friedman wrote in the pages of The New York Times: One-party
Words: 6461 - Pages: 26
Family Firms and their Governance Creating Tomorrow’s Company from Today’s by Sir Adrian Cadbury Family Firms and their Governance Creating Tomorrow’s Company from Today’s by Sir Adrian Cadbury Family Firms and their Governance Creating Tomorrow’s Company from Today’s by Sir Adrian Cadbury Introduction Family-owned firms are one of the foundations of the world’s business community. Their creation, growth and longevity are critical to the success of the global economy. Although facing
Words: 14341 - Pages: 58
approach has been studied and its role in the analysis of the difference between customer expectations and perceptions has been highlighted with support of an example. Outcomes of the study outline the fact that although SERQUAL could close one of the important service quality gaps associated with external customer services, it could be extended to close other major gaps and therefore, it could be developed in order to be applied for internal customers, i.e. employees and service providers. Key words:
Words: 4472 - Pages: 18
approach has been studied and its role in the analysis of the difference between customer expectations and perceptions has been highlighted with support of an example. Outcomes of the study outline the fact that although SERQUAL could close one of the important service quality gaps associated with external customer services, it could be extended to close other major gaps and therefore, it could be developed in order to be applied for internal customers, i.e. employees and service providers. Key words:
Words: 4477 - Pages: 18
the family | * Functionalist theories: the family performs positive functions for individuals and society * New Right theories: the family is the cornerstone of society, but it is under threat | * Marxist theories: the family provides important functions for capitalism * Feminist theories: the family reinforces gender inequality and patriarchy | Functionalist theories GP Murdock | Evaluation | Murdock argues that the family is a universal institution (it exists everywhere) that performs
Words: 16472 - Pages: 66
the Second World War, and 1971, the year that the British completed their military withdrawal from the Persian Gulf. Even though the Americans were interested in the area before the WWII, the year 1945 was chosen as a starting point because the war had severely altered the power equilibrium between the great powers the United States of America and Britain were considered as at that time. During the Cold War, which started in 1946 the importance of the region was on the rise, both because of the oil
Words: 6767 - Pages: 28
having profitable and sustainable business. Neglecting its main components slows down or even hinders the whole process. Therefore, one of the most important tasks of one organization at first is to become sustainable inside itself. Just like any living organism; it has to be strong and consistent in order to survive the world outside. People are important because people generate ideas and build the concept. So it becomes obvious that the treatment of the people and motivation along with it plays huge
Words: 6776 - Pages: 28
traditional issues involved with ethics: 1. Ethical Relativism – are there universal values that apply to everyone or is everything relative to individual, country, company etc. a. Relates to cultural relativism. This presumes that different peoples reason about morality varies by culture, education and religious traditions. b. Arguments for ER are: i. Empirical evidence of cultural relativism. ii. There is no viable universal standard that can be applied to everyone. c. Arguments against ER are:
Words: 10507 - Pages: 43
instead of doing household work. These phenomena cause people questioning about the original belief that proposes women are inferior to men, and the difference between men and women is natural matter which is unchangeable. People tried to find the reason why this belief occurred and has still endured for a long time. In addition, there is a social movement which tried to change this belief, including the condition of the inequality between men and women. This social movement is called feminism. This
Words: 3199 - Pages: 13
