"I have not failed. I 've just found ten thousand ways that won 't work," Thomas A. Edison must have known what he was talking about, right? These words have been inspiration for many people over many years, including myself, at least since I began my first writing course. I have come to wonder if I have become a decent writer or just a less awful one. Going through past essays, both final drafts and rough drafts, I have come to realize how awful I actually was and how much I have improve. Despite…

international market, but Chinese people did not know much about eBay. Even though it was still a very effective strategy of eBay to enter Chinese market via acquisition and it should have followed the policy of “THINK GLOBALLY, ACT LOCALLY” but failed to do so which resulted in the downfall of the company. Ebay never really left China and came up in 2012 with joint venture with xiu.com. The shortcomings of eBay’s strategies were: * EBay’s lack of understanding of Chinese market and culture - Instead…

Why, why did Enron fall? On December of 2001, the nation’s seventh largest corporation valued at almost $70 billion dollars filed for bankruptcy. Illegal and fraudulent accounting procedures would led to the demise of the company. Over 20,000 people lost their jobs, and about $2 billion in pensions and retirement funds disappeared. Despite all this, Kenneth Lay, Jeffrey Skilling and Anthony Fastow profited greatly from Enron. These events resulted in the implementation of new legislation on the…

Why Crystal Pepsi and Others Failed We live in a day and age where marketing and advertising is stronger then ever. It is essentially in our face every where we turn, from the clothes we wear to the music we listen to and even the device we use to listen to our music. Marketing and advertising touches our lives everyday without our really ever even noticing it. Marketing professionals have a difficult challenge before them in figuring out a way to create a public interest, and a want for their…

Enron – Ask Why? How Unethical and Illegal Behavior Ruined Lives Brief History of Enron Enron was an energy company based in Houston, Texas that dealt with the energy trade on an international and domestic basis. Enron formed in 1985 when Houston Natural Gas merged with InterNorth. After several years of international and domestic expansion involving complicated deals and contracts, Enron became billions of dollars in debt. All of this debt was concealed from shareholders through partnerships…

The Failed Corporate Culture of Enron High risk accounting, inappropriate conflicts of interest, extensive undisclosed off-the-books activity, excessive compensation – these are some of the headings of the report prepared by the U.S. Senate's Permanent Subcommittee on Investigations titled "The Role of the Board of Directors in Enron's Collapse." (Permanent Subcommittee on Investigations, 2002) In February, 2002, Enron's former Chief Executive Officer Jeffery Skilling had testified before members…

which reveals the proportion of money left over from revenue after accounting for the cost of goods sold, is calculated to be 22.77%, which is a relatively low percentage and suggests that the businesses trading operations were not efficient, hence why profits have been declining. This above point suggests that it was inevitable that Woolworths would fail as a business, however, in my opinion further measures could have been taken through reacting to competitive businesses and lowering their prices…

Canada experimented with banning alcohol during the early 20th century. The movement grew out of the earlier Temperance Movement, which steadily grew in popularity during the mind 19th century. There are four reasons why prohibition ultimately failed in Canada: (1) it was not really enforced; (2) it was not truly effective; (3) a shift in popular thought; (4) and loss of public support. (Idea of Provinces + order) In the end, the government would change its stance from one of illegality to control…

years of successful business in the United States eBay decided to expand its business to Asia; unfortunately business was not as successful in Asia as it was in the United States. (1) Understanding the four principles of marketing will help explain why eBay did not succeed in Asia. Product, Place, Price and Promotion are rules that eBay did not take into consideration by or clearly understand before proceeding into unknown territory. Not knowing tendencies of Asians was one of many issues that…

Assess the reasons why Chartism failed Chartism was the largest protest movement by working class people that Britain has ever seen, Chartist wanted a host of reforms which were highlighted in the Peoples Charter, which is were the Chartist name derives itself from. The People Charter of 1838 set about six points including: the vote for all adult males aged over 21, payment for MP’s, equal electoral districts, secret ballot, no property qualification for MP’s and annual general elections. The…