Company Background Global Crossing Limited (GC) is an example of what may occur when there are failures to properly audit financial statements and internal controls. This scandal happened around the same time as the Enron scandal. In early 2002‚ the GC bankruptcy was the fourth largest in the U.S. history. In 2005‚ it settled with the SEC‚ having been determined that it did not comply with numerous accounting laws. ABOUT THE COMPANY GC‚ founded in 1997 by Gary Winnick‚ was a telecommunications
Premium Revenue Arthur Andersen Fraud
Advantage of extranet Customer can access their own ID to check their own information Reduce/low cost – extranets do not require large expenditure to train users on the technologies Timeliness and accuracy - ‚ reducing the number of misunderstandings within the organization as well as with business partners and customers. advantages provided by just-in-time (JIT) systems Manufacturing time is cut down‚ Better productivity‚ Lower Work in progress‚ Better supplier relationships‚ Cost
Premium Website Domain name Web page
tradition in tact and determine which ends traditions shall .... (1113 4 ) playmakers .... World. The first is the nature of social structures shaped by the force of tradition and the impact of colonialism. Every region .... (1121 4 ) global studies .... The sixth is the Revolutionary concept of Tradition which is a new and different look at tradition as an explosive force. Tradition .... (3769 15 ) The Power of Tradition .... a duality in its symbolism‚ as a source of strength
Premium Force Torque Energy
COMPETITIVE ADVANTAGE Companies all seek a competitive advantage‚ as that will give them the opportunity to sustain profits that exceeds the average in their industry. The three major competitive advantages are differentiation‚ cost and response. Companies can therefore either gain a competitive advantage by offering a unique product differentiation‚ by offering similar products at a lower cost or by offering products at a time and place where the customer are in need of the product. Differentiation:
Premium Marketing
Global Warming: Fact or Fiction American Intercontinental University January 13‚ 2013 Unit 1 Individual Project Abstract In this paper I will be discussing the advantages on why we should support the protection of Global Warming. Now yes there are disadvantages as well. But the only ones that are suffering are the big industrial companies and commercial auto transport makers. If you step back and look at the big picture it really will out weight all outs.
Premium Climate change Greenhouse gas Earth
Global Distribution and Transportation 501 Semester 1 – 2014 Assessment 2 Group Essay Due date: Week 13 (May 27‚ 6.00 p.m.) Submission: Online through Turnitin Marks: 30 marks Objectives This assessment item relates to the course learning outcomes 1 to 4 as stated in the unit outline. Students are to form their own groups and select their own group members. There will be a maximum of 5 members in a group. Guidelines: You must use at least 15 peer-reviewed
Premium Essay Peer review Writing
Essay by George Kotselopoulos Why do countries trade with each other? Show‚ using examples‚ why this may be to do with the principle of comparative advantage. International trade is the barter of goods and services between nations. The reason of such exchanges is because each country has access to different forms of natural‚ human‚ and capital resources; as well as a different way to use them for production of goods and services. Therefore countries are not always able to supply the goods
Premium Economics International trade
A Canadian writer and educator named Marshall McLuhan came up with the phrase‚ "the global village" to describe our world. What is a village? "A small community where everyone knows each other" springs to mind. Perhaps the thought that each person in the community helps the village to survive and so everyone is dependent on each other applies. These are good descriptions of a village but could we say this about our world? Physically our world is enormous. How can we all be connected to each
Free Mobile phone Internet
ASEAN concerning local manufacturing in all ASEAN countries. It encourages a higher market competition which allows the countries to develop. AFTA helps ASEAN countries’ products gain access to a regional market that incorporates many substantial advantages Moreover‚ consumers will benefit from cheaper prices of goods given lower tariffs on a host of raw materials used by the region’s producers. Furthermore‚ the ASEAN Comprehensive Investment Area (ACIA) will encourage the free flow of investment
Free Southeast Asia
Culture:- Culture is one of the most important concepts of social science. It is a unique possession of man. Only man in born and brought up in a cultural environment. It is a very broad term that includes in itself all our works of life‚our modes of behavior‚our philosophies and ethics‚ our morals‚ manners‚ our customs and traditions. Definitions:- 1.B.Malinowski defined culture “cumulative creation of man.” 2.Graham Wallas‚ culture as an accumulation of thoughts values and objects‚ it
Premium Sociology