“Touro University International” Jannie Harp ETH 501 MOD 1 Martha Stewart Professor: Dr. Steven Gold Martha Stewart handled the indictment improperly, because she knew she would have lost 51,222 dollars. Martha Stewart gained approximately 228,000 dollars from the information obtain from Peter Bacanovic. (Martha Watch) Martha Stewart being a member of the Board of Governors knew the laws of trading. Stewart holds a Series 7 license as a licensed stockbroker; she knew her actions may have well been illegal. She's not just some innocent who made a mistake or wanted to save her investment.
In the past, people expected to see a male at the top of most organizational hierarchies. At many companies, the proverbial glass ceiling has kept women from gaining access to the highest positions in the company, creating a good ole boys club of sorts within many professional business industries. While several women have shattered the glass ceiling and advanced beyond the limitations traditionally placed on women within corporate America, some have taken an entrepreneurial approach to self-empowerment and success in the business world. This assessment highlights aspects of Mary Kay Ash as a successful entrepreneur and identifies certain personal characteristics that helped make her successful. Most people are familiar with Mary Kay, Inc., yet are unfamiliar with the core philosophies and values touted by the woman who founded the company, Mary Kay Ash.
Cases Analysis: The Liebeck v. McDonald’s lawsuit, and the Pearson v. Chung’s Introduction The Liebeck v. McDonald’s story and the Pearson v. Chung’s lawsuit were two well-known cases that were regarded as trivial in the United States of America in 1994 and 2005, respectively.. The Liebeck v. McDonald’s lawsuit, known as the “McDonald java case”, involved a 79-year-old lady Stella Lieback, who accidentally poured the hot coffee she bought from McDonald onto her lap and this resulted into a continual sequence of third level burns. From her court action against McDonalds, the court ruled in her favour and she was paid huge amounts of money. The coffee was not only hot, but also scalding, able to inflict instant and severe injuries to the epidermis and muscular (Letric Law, 2011). The Pearson v. Chung case, also known as the “pants lawsuit”, (Lexis-Nexis, 2008) engaged an attorney in the Region of Mexico who, after asserting the loss of a pair of his trousers, sued and charged the dry cleaning business for $67 million.
CEO of Sara Lee Brenda C. Barnes “I set a high bar for myself and others, and I think I help people get over that bar. That’s my job” (USA today). Upon being hired by Sara Lee in July 2004 as president and then promoted to CEO a year later, she became one of eight women to head a Fortune 500 company. Later she would rank as number 29 in Forbes list of The World’s 100 Most Powerful Women in 2009. Brenda Barnes has led the way for women in corporate America.
In 1997, she created, “Martha Stewart Living Omni media,” to encompass all her business. The initial public offering was one of the most successful ever and made her a billionaire. On December 27, 2001, Martha sold $232,000 worth of shares of ImClone Systems, a biotech company founded by and headed by personal friend Sam Waksal. The next day, the Food and Drug Administration rejected ImClone’s application of a cancer-fighting drug, sending the stock into a
It was anticipated the business would be incorporated by July 1, 2013. Mimi decided to distribute the shares as fallow: * Mimi Charpentier 60% * Nancy Charpentier (Mimi Charpentier’s daughter) 20% * Joan Price (CFO) 20 % After an interview with the three shareholders, it was noted that Mimi’s life expectancy it was about two more years after formatting the corporation. Mr. Price (CFO) will remain in charge of the corporation in after Mimi’s death. Neither Nancy nor Joan, has predicted to open a new location, or to expand the business outside Las Vegas. The proprietorship does not have any debts its trade payables and receivables are disposed of in a timely fashion.
After allowing herself eight years to fully recover, Dr. Taylor wrote a book about her stroke and stroke recovery experience entitled My Stroke of Insight: A Brain Scientist’s Personal Journey. This book spent a number of weeks on the New York Times non-fiction bestseller list and led to Dr. Taylor being named as one TIME’s most 100 influential people of the world in 2008 (Taylor 2006a). Although Dr. Taylor’s book is positively viewed by the media, many college seniors in an advanced neural and behavioral sciences seminar felt that Taylor’s message was too philosophical and personal, not having enough basis in actual, substantiated science. In a speech at the Technology, Entertainment and Design (TED) conference of 2008, Dr. Taylor urged audience members to “step to the right of their left brains” in order to find nirvana (TED, 2008). She discussed how as a society, we are too focused on the methodical and rule-based qualities of the left brain.
How is Marlene presented as similar to and different from Margret Thatcher? Why does Churchill make these parallels? In Caryl Churchill’s Top Girls, we are shown a world of Post-Feminism and Thatcherism gone mad. Women speak over each other in dialogue, not really listening to what the other is saying, use rude language, and one character leaves her child in the care of her sister so that she may advance in her career. Churchill’s lead character in the play is paradoxically a female misogynist who takes on a stereotypically male business persona who climbs to the top of the corporate ladder.
Laurie Thomas a Silicon Valley veteran who initially was an investor in Nice Ventures had taken over the CEO role later when the company had been through financial trouble due to various internal and environmental factors. Laurie Thomas through various bold cost cutting measures and implementation of new programs had kept the company alive and also gained confidence among the employees. The economic downturn in late 2008 had had considerable effect on the finances of the company which called for immediate cost cutting measures. The Tahoe offsite meeting arranged with the executives of the company by Thomas revealed the growing resentment among her employees about her management style which needs immediate attention as everyone needs to be on board to drive the company out of the financial crisis. Thomas is also confronted with the problem of choosing a new GM for Terzo after her attempts to promote Ben for a dual GM role and mentor Adam for the post backfired.
Sky rocketing the company as the sixth-largest energy company in the whole world. However during 2001, due to unstable leadership and financial mistakes. Enron began to collapse and filed for bankruptcy. Labeled as one of the biggest case of bankruptcy the U.S. Justice Department released an investigation regarding the company’s transactions. During the investigation, CEO and former CEO Lay and Skilling faced up to 40 charges including conspiracy, making false statements on financial reports, securities fraud and wire fraud.