2008, the US Treasury seized control of mortgage giants Fannie Mae and Freddie Mac and pledged a $200 billion cash injection to help the companies cope with mortgage default losses. Although privately owned, Fannie Mae and Freddie Mac are called Government Sponsored Entities or GSEs. Under the bailout, the two GSEs were placed under a “Conservatorship” status (Agrawal 1) and both continued working as before but their commitments were to be paid with the support of the US Treasury. From September
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Considered one of the second largest oil-field services companies in the world * Global organization with locations in in over 80 countries * Has over 80,000 highly skilled employees * Products and services for maintaining the reservoir life cycle. * CSR initiatives and environmental programs have been undertaken aggressively * Strong brand name and brand equity Weakness * Government intervention on regulatory policies affect operational efficiencies * Lack of newly found
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company that wants to go internationally, targets on growth and expansion, therefore the main business value is to know how to keep own loyalty, foresee consumers’ needs, incur a liability to customers concern, and fit with top quality part of consumer service. The vision one of the World reputed hotels group - InterContinental Hotels Group is to become one of the greatest companies in the World. Their business model has a clear focus on franchising and managing hotels, rather than owning them outright
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and promote more for the security of the nation. Realism is a theory of international relations which holds the view that the interest of a nation overrides other considerations such as the moral values. Furthermore, actions undertaken by government leaders do not take into account the effect that such deeds may have on other sovereign states. They are therefore, likely to violate the ethical considerations when pursuing their goals and interests from other states. The idea of realism is closely
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The Role of Unethical Decisions The Great Recession was caused by a massive movement of the whole banking industry disregarding ethical behavior and leaving the philosophy of sound investing strategies for a philosophy of profits. In evaluating the role of unethical decisions in causing the financial crisis, we will start by defining ethics. Ethics can be defined as rules of behavior based on ideas about what is morally good and bad. In every profession, each person has to abide by codes of ethical
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Organization Development: An Instructor’s Guide for Effective Teaching by Joan V. Gallos Purpose of this Instructor’s Guide The purpose of this instructor’s guide is to support and energize individuals who use Organization Development: A Reader in their teaching – instructors who teach courses on organizational change, OD, the history of the field, leading change, consulting skills, and organizational effectiveness and health in undergraduate and graduate programs in management, the professions
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tripled in most countries, and there are now almost two billion overweight individuals in the world. Policy recipes to fix the problem abound. More education, fewer cars. More bicycles, less TV. The list goes on and on. So far, though, public-health interventions have failed spectacularly. But why? Although the rise of obesity is often described as an effect of specific individual and lifestyle choices, the problem is largely a byproduct of deeper political and economic changes in society. In a recent
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the architectural view that form follows function. Who Bears the Burden of a Tax? Taxes are like hot potatoes: Everyone wants to pass them on to someone else. Nobody wants to pay taxes, and there are usually large political fights about whom government should tax. For example, should the Social Security tax (mandated by the Federal Insurance Contributions Act, or FICA) be placed on workers or on the company that hires them? The supply/demand framework gives an unexpected answer to this question
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International Business Final Chapter 16: Marketing Globally - country differences may cause companies to apply marketing principles differently Marketing Strategies - worldwide marketing commonly found and market segmentation and targeting Marketing Orientations - five common marketing orientations around the world: production, sales, customer, strategic marketing and social marketing 1. Product Orientation - when companies focus on production and little emphasis is on marketing
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How China's Black Monday could affect global economies By Ravender Sembhy August 24, 2015 14:11 BST After the Chinese stock market suffered its biggest one day loss since 2007, plummeting 8.5%, the country's media have dubbed today "Black Monday". The ripple effect has been felt across the globe, with indices nosediving one after the other. The FTSE 100 fell below the 6,000 mark for the first time since 2013, and Japan's Nikkei, the German DAX and France's CAC all followed suit in recording heavy
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