error

November 11, 2003

Mail Order Price-Listing Typo Cost Company Over $2 Million

The omission of a digit on a mail order site causes company to lose over $2 million in revenue.  Fifteen hundred units had already been sold at the drastically reduced price (19,800 yen instead of 198,000) before the error was caught.  Want to read more about the cost of this typo?
December 14, 2005

Botched Stock Trade Cost Japan Firm $225M: Government Watchdog Rebukes Stock Exchange, Broker

A Japanese securities firm employee made an error when placing a sell order. Instead of selling 1 share at 610,000 yen, the numbers were reversed and 610,000 shares were sold for 1 yen causing mayhem in the Japanese market.  Want to read more about the cost of this error?
February 10, 2008

Ripple Effect of Property Tax Error

Error on tax bill causes approximately 70,000 property owners to be overcharged. This error involved three different departments and will require numerous pieces of communication with taxpayers to correct the fallout from this error ripple effect according to The San Diego Union-Tribune.