StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Essay example - crazy eddi

Only on StudentShare
Pages 3 (753 words)
Crazy Eddie was one of the famous electronic retail stores in New York. Antar's sales tactics and his hard work was the reason behind the shop's success. Antar worked hard to improve his store and it gained more popularity within a short span of time. Antar's relatives were helping him in his shop and they were holding the important positions in the organization…

Extract of sample

His relatives were voluntarily sent out by Antar. (Knapp, 2009). The main reason for the failure is the inability to manage the firm. Since the management comprised of his relatives, Antar did not bother to look after the financial and investment needs. All this contributed to the problematic situation.
The critical issue in the Crazy Eddar's case is the fraudulent activity of increasing the company's profits in the company's balance sheet. This was purposely done by Antar to tide over the situation that prevailed during the 1980's. Antar thought it would solve the financial issues. But it resulted in a problem that provoked the problems in the company's investment. There were several other issues that contributed to the problems in Crazy Eddie.
Antar lacked experience in managing stores and he relied on his relatives to help him whenever there was a problem in the company. The company had a tremendous growth in the initial stages and Antar strived hard to maintain the status of the company. Though it was well received and people often visited the store, the increase in the competition created a wave of fear.
measure to gain investment and capital to improve the company and to expand its operations. ...
Download paper
Not exactly what you need?

Related papers

Movie "Girl Interrupted"
Girl Interrupted is a story told by Suzanna Kay son who has been on a locked psyche unit for females for almost two years. She is a bright teenager of 18 when she signs herself in on the suggestion of a family friend and psychiatrist. The story is set in the 60's when it was truly an embarrassment to have this kind of illness and Suzanna goes to the hospital alone, in the back of a cab. Suzanna…
4 pages (1004 words)
Black Elk Speaks by John Gneisenau Niehardt
The power of the play is not simply that it's superbly written drama but that it's all true (Dramatic Publishing Online Catalog)". Theatrical performance of the book has many significant features which determine the character of the play, and these features play rather important role for spectators' perception of the performance. I will discuss the theme and the main concept of the play by…
7 pages (1757 words)
The Spinster
She added to her stock a female swine which she tended till it was old enough to breed. She was so glad that the swine had sixteen breast nipples because these would indicate it can have many piglets. She had her artificially inseminated.…
2 pages (502 words)
How to Drive a Teacher Crazy
If you were the smartest person in the class wouldn't you be teaching instead of learning In order to successfully drive a teacher crazy, therefore, a student must learn the valuable lesson that nothing causes madness in a teacher more than finding out they made the wrong career decision.…
2 pages (502 words)
My whole family is crazy
It is almost impossible to think of another similar family who is as crazy as mine.Not that I would like to barter it with any other family.Being part of the family has made me crazy genetically and psychologically and I would have mentally gone overboard if placed in any other normal, nice family.Both nature and nurture has provided enough ammunition to me to last a life time and that means,…
3 pages (753 words)
The stereotyping of Native Americans
Following an overview of the commercialisation of the American Indian image, two case studies of corporate/brand use, of the American Indian image shall be analysed.…
8 pages (2008 words)