User Account

All Pages

Used a so-called ponzi scheme

Assignment Help Operation Management
Reference no: EM132114541

In 2008 Bernie Madoff used a so-called Ponzi scheme, which lures investors in by guaranteeing unusually high returns. Summarize the event of Bernie Madoff’s accounting scandal. Identify how the illegal or unethical act was detected and describe the punishments that resulted (fines, prison terms, etc.). Consider what could have been done to detect this act earlier or to prevent it from happening in the first place.

Reference no: EM132114541

Questions Cloud

Provide a recap of the lesson topic - Keynes and Hayek : A reaction paper is written in response to the video lesson. Reaction Paper - Keynes and Hayek. Provide a recap of the lesson's topic
Injury has resulted from use of the product : If the product is legalized, what liability rules should be applied if someone claims that injury has resulted from use of the product?
Obstacle to implementing evidence-based model : How can the organization structure be an obstacle to implementing an evidence-based model for health care organization operations
Key terms of any operating agreement : Evaluate the possible management structures and key terms of any operating agreement that should be considered in order to form an LLC.
Used a so-called ponzi scheme : In 2008 Bernie Madoff used a so-called Ponzi scheme, which lures investors in by guaranteeing unusually high returns.
Statement is important academic skill for managers : Formulating a problem (or potential problem) statement is an important academic (and practical) skill for managers.
What is the role of information systems in e-commerce : Explain carefully how e-commerce can create competitive advantage. What is the role of information systems in e-commerce?
Find out all critical use cases and draw user case diagram : COIT20248 Information Systems Analysis and Design - CQuniversity - Find out all Critical Use Cases and Draw User Case Diagram
What is narrative point of view for : What is narrative point of view for - hy did the writer choose this point of view - Did it helps or hinder the story? how

Reviews

Write a Review

Operation Management Questions & Answers

  Determine optimal ordering policy for mcburger

McBurger orders ground meat at the start of each week to cover the week’s demand which is 300 lbs. It is estimated that the shortage cost is $0.15 per lb. The demand during lead time is assumed to be uniform between 20-30 lbs. Determine the optimal o..

  Discuss two advantages of hiring remote workers

discuss two advantages of hiring remote workers. In addition, elaborate on two challenges encountered by the organization with external workers.

  List the features and facilities the project should have

Opportunity - Explain the current situation. Outline the challenges the project is meant to solve and how it will solve them. Preliminary Project Requirements - List the features and facilities the project should have. Potential Risks - Analyze the r..

  Identify which three outcomes would be most motivating

Discuss why these two sets of three outcomes may or may not be the same, depending on whom they are designed to best serve.

  Deliver lecture and dinner speech at your annual festival

Write a proposal letter of 1–2 pages to a respected community figure asking him or her to deliver a lecture and dinner speech at your annual festival. Follow the proposal letter guidelines explained in your assigned readings for this unit.

  Out-listening refers and disadvantage of virtual teams

''Out-listening'' refers to. A disadvantage of virtual teams is. Which of the following would be the most effective e-mail subject line?

  Calculate the safety stock for the truck scenario.

Value Electronics has a yearly demand of 100,000 units for their tablet. The order processing cost per order is $2,000, and inventory holding cost is $80/item/year. They have opted for the reorder point system, and it has two options for transportati..

  What is the optimal order frequency

Sara’s Deli is famous for their delicious cupcakes and Sara purchases the cupcakes from a local bakery. The demand for the cupcakes is 400 per month. A cupcake costs Sara $5 to purchase from the bakery, and the inventory holding cost is for Sara 15%...

  The north american industry classification system

Identification of e-sonic's industry based on the North American Industry Classification System (NAICS).

  Best probability for ensuring internal equity

Which one do you feel provides the "best" probability for ensuring internal equity?

  Competitor opened up down the street

John owns a UWM Brew Pub. Business has been slow because a competitor opened up down the street and they have better food and drink specials. Instead of trying to compete, John wants out of the bar business. Who wins and why? What defenses does John ..

  Examine how several other non-room departments forecast

The room's forecast is a tool for managers throughout the hotel; it is not for the front office alone. List also examine how several other non-room departments (housekeeping, food also beverage, etc.) would use the rooms forecast.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd