Parmalat It has been named as “Europe’s Enron” – the legend that took down Italy’s milk selling company Parmalat and its controlling executives‚ American banks‚ audit firms‚ even politicians and 130‚000 of its helpless small shareholders after the discovery in the year 2003 of the $14 Billion black hole in the company’s finances. The company’s fraud was uncovered when the company failed to pay the cash to the bondholders. Summary: This discovery led to eight years of court cases in Europe
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Tattoos and Their Adverse Reactions Tattoos have been around for centuries‚ Egyptians would tattoo themselves as a symbol of fertility and strength. In recent years‚ popularity has increased especially amongst teenagers. They range in size‚ designs‚ colors and location. However‚ as the popularity grows as do the concerns over the safety and risk. The United States Food and Drug Administration (FDA) does not regulate tattoos. This leaves the burden of safety and regulations to individual cities
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Recruitment selection within an internal or external organization involves certain processes to reflect good outcome and results. Job analysis is carried out under supervision and deep observation by job holders and managers to determine the nature of work and candidates available to be selected for a job. To decide those aspects; a systematic process is taken by different methods of job analysis to gather up different information and data to summarize the selection of preferable candidates. Nowadays
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Recruitment and selection of a sales and marketing manager ABC biscuit company is a very profitable company which has achieved a remarkable growth during the last two years. They had 55 local customers and 5 foreign customers. One of their objectives were to increase their sales turnover in 20%.in order to do this they were focusing to expand their international customer base. This company has 60 employees and mr.de Silva the finance manager is handling all recruitments. Most of the employees whom
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Polythene Pollution The Problem Of Polythene Pollution Polythene pollution is everywhere‚ and the problem is getting worse. For most of us‚ the problem is seen as one of visual pollution‚ where plastic bags litter streets‚ roadways‚ and in some cases scenic areas across the country. No one will argue that polythene is useful. The plastic bags we use to carry home food or products are for the most part very light and very strong. Using these bags is not really the problem. The problem‚ leading
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A business model of the times The Enron bubble was a prime example of the dominance of speculative finance in business. V. SRIDHAR MORE than two months after Enron‚ the seventh biggest corporation in the United States‚ filed for bankruptcy‚ the stench of scandal refuses to die. Shocking revelations about the company’s modus operandi continue to pour in. Public and media attention was initially focussed on the company’s close ties with the political establishment and the policy-making bureaucracy
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ENRON: THE SMARTEST GUYS IN THE ROOM Kenneth “Ken” Lay‚ the founder of Enron Corporation grew up from a poor family. His father was a Baptist ministry. Ken Lay works many jobs at the same time. He was aiming to make wealth for himself and for his family. From his childhood‚ he learned the value of hard work to earn a living and to achieve his ultimate goal (to be rich). He actually did work so hard‚ been working with different companies and upgraded his skills and education in obtaining Ph.D. degree
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ENRON Q1. Summary of Enron Scandal. Enron‚ a Houston-based energy firm founded by Kenneth Lay‚ transformed itself into the world’s largest energy-trading company over its sixteen years of lifespan. In 2001‚ Enron was one of the world’s largest energy groups‚ operating mainly in the USA. Though Kenneth played a smaller role in management‚ following the takeover‚ he soon became chief executive officer (CEO) and moved the headquarters from Omaha to Houston. During 2001‚ it had become apparent
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Enron was once one of the world’s leading electricity‚ natural gas‚ pulp‚ paper and communications companies. However‚ in December 2‚ 2001‚ Enron suddenly filed for bankruptcy. During the ten years before Enron¡¦s went bankrupt‚ Enron¡¦s management had started transferring Enron¡¦s funding to personal accounts and made fake balance sheets‚ which provided investors information about how this company goes. (Gibney‚ 2005) These illegal actions‚ performed by certain individuals‚ finally led Enron to
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The Adverse Childhood Experiences assessment has helped me start difficult conversations with my clients. This assessment tool is readily accessible online and it is also available in several languages including Spanish. Because some of my clients at Catholic Charities are Latino immigrants‚ I find that it is essential to provide assessments in my clients’ native language. In particular‚ when I work with clients who have a history of trauma. In addition‚ some of the Latino clients that I am currently
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