Posts Tagged: Internal Controls

Another Walmart PR disaster

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Walmart’s disabled greeters are being replaced by “customer hosts,” with growing responsibilities. Questions: 1. Why has this been such a PR disaster for the company? 2. How many days were the greeters given to find new jobs? 3. What is the new job of “customer hosts” meant to do? 4. What are your thoughts about… Read more »

A Story That will Tug at your Heart Strings!

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In Germany, a family owing a debt had the family dog seized by the city of Ahlen. The City then sold the dog on EBay in order to pay for the debt. Questions: 1. What were the other assets that they considered seizing? 2. Who bought the dog and what was the new owner skeptical… Read more »

Amazon Air?

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According to StockNews.com, Amazon is becoming a player in the logistics and shipping industry. Questions: 1. How many planes does Amazon have? 2. Where will its new hub be and how much does it cost? 3. How much did shipping costs increase for Amazon this year? 4. Which airport recently dethroned Atlanta as the top… Read more »

Resignation of another CEO

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Herbalife’s chief executive has resigned over unspecified comments he made before taking leadership of the Los Angeles supplement maker. Questions: 1. What did his previous remarks relate to? 2. Who is CEO Goudis’ replacement and what is the replacement’s background? 3. Why has Herbalife been in the news since 2015? Source: Pazzanghera, J. (2019). Herbalife… Read more »

Lying and CEOs – New Analytics

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According to Business Insider, a software company called Amenity Analytics (AA) reviews earnings call transcripts, press releases, company research and more to try and help hedge funds spend less time looking for important nuggets of information and more time trading. Now they have turned their attention toward truth-telling by CEOs. Questions: 1. What type of… Read more »

A Very Old Company leads to Disruption in a Valentine’s Day tradition

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What do you remember about Valentine’s Day in elementary school? Cards and Valentine’s Day candies with different sayings? But not this year! The cute, chalky little inscribed hearts will not be produced or sold this year after a 153-year tradition. Questions: 1. According to Kyle, how old was the company that made the Valentine’s candy… Read more »

Changes in some copyrights

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According to the New York Times, this coming year marks the first time in two decades that a large body of copyrighted works will lose their protected status — a shift that will have profound consequences for publishers and literary estates, which stand to lose both money and creative control. Questions: 1. Where can this… Read more »

Oh the times….they are a changin’

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According to the New York Times, these are the less-than-elegant last days of what, in the days when department stores were destinations, was one of New York City’s most elegant: Lord & Taylor, a fortress on Fifth Avenue. Questions: 1. What was the guilt about? 2. Was the article really about the store? 3. What… Read more »

No Severance Package – Board decision

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CBS’s board of directors on Monday said they will not give former CEO Les Moonves any of the $150 million severance package he was due under to his employment contract, a decision that follows a months-long sexual misconduct probe. Questions: 1. What was Les Moonves role at CBS? 2. What were the grounds for his… Read more »

Costs versus Care

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According to Boing-Boing.net, sleep apnea, which is a fast-growing health complaint among Americans, has triggered a set of deceptive and unethical measures by US health insurers to shift the cost of CPAP machines through price gouging to the people who must use them to remain healthy. Questions: 1. Calculate the percentage of the transaction that… Read more »