The World's Best Book Summaries
Was was the Enron bankruptcy case? How did Enron become bankrupt, and what happened when Enron filed for bankruptcy? Enron’s bankruptcy claim occurred in 2001, after years of unethical and convoluted business and accounting practices. The Enron bankruptcy scandal was one of the biggest moments of corporate and financial history.
Are you looking for a great Enron case analysis to help you understand one of the biggest business scandals of all time? This Enron case analysis offers a background on Enron’s business, and a detailed account of its decline. In this Enron case analysis, you’ll find details about Enron’s stock history as well as the reasons it finally failed.
What was Enron Broadband? What did they do, and how did it affect the Enron collapse? Enron Broadband was a branch of Enron that was meant to be a major profit source. Instead, Enron Broadband quickly became untenable. But that didn’t stop Enron from claiming that Enron Broadband made money.
What was Enron Energy Services? How did it contribute to the fall of Enron? Like Enron Broadband, Enron Energy Services was a failed venture with serious consequences. Enron Energy Services was a major money loser and undoubtedly a reason why Enron failed.
Is a house an asset or a liability? Can choosing not to own a house help you achieve your financial goals faster? In Rich Dad, Poor Dad Robert Kiyosaki asked the question “is a house an asset or a liability?” Kiyosaki argues that owning a house as a primary residence is a liability. While popular opinion believes that owning a house is an asset, Kiyosaki discusses the different between assets and liabilities below and dives into why he thinks a house is a liability.
What is Porter’s theory of competitive advantage? What does it mean and how does it work? Porter’s theory of competitive advantage explains that if you have a real competitive advantage, compared with rivals, you operate at a lower cost, command a premium price, or both. What actually goes into building the advantage is trickier. Study this to figure out whether your business has an enduring competitive advantage.
What is ROIC in finance? What does it mean, and how do you use eit? ROIC in finance refers to the return on invested capital. Michael Porter argues that ROIC in finance is the most important metric for measuring a business success, and outlines how the Five Forces can help you analyze businesses.
What is the five forces model? How can you use the five forces to conduct business analysis? The five forces model is a model used in Understanding Michael Porter to break down why some businesses are profitable. The five forces model uses several key components of a business’s operations and its position within the industry.
What is the threat of new entrants? What does it mean for your business? The threat of new entrants is the possibility of new, direct competitors to your business. As one of the five forces, the threat of new entrants is a critical concern for many businesses, especially in fast-changing industries.
What is the threat of substitutes? What does Porter’s five forces threat of substitutes mean for businesses? The threat of substitutes is one of Porter’s five forces that explains how other products might threaten your product. Even products and services in adjacent industries can threaten your strategy if your customers can substitute competing products for yours.