When people talk about starting a startup they are quick to bring up the costs associated with it. Resources, equipment, rent, employee salaries, and a myriad of other expenses are thrown around. But how many of us discuss the emotional…
The summary of the Enron scandal is one of the most famous corporate scandals in history. It refers to certain events that led to the bankruptcy of the American Energy, commodities, and services company Enron. Moreover, the company’s downfall also…
As the Coronavirus grows in prevalence, global economies have suffered, and trade has come to a halt. Globalization may even be over as countries look towards sustaining themselves. This gives way to a question: Is a devaluation of the dollar…
Would you decide your company’s future by gambling? Sounds crazy right? However, this is exactly what Founder of FedEx Fred Smith did in the early years of the company. The company generated 69.7 billion U.S dollars in 2019, and had…
Hertz filed for Bankruptcy last on Friday, 22nd May 2020. By doing so, it has joined the list of high-profile age-old companies being forced out of business due to the coronavirus. The company has been providing rent a car services…
JCPenney became one of the many businesses worldwide that the Coronavirus pandemic drove out of business. While some businesses have managed to deal with these financial difficulties better, others have failed. JCPenney, a century-old retail giant, had been struggling for…