the tone for the entire company‚ and in this case‚ many of the stakeholders‚ as well (Enron: The Smartest Guys in the Room‚ 2005). Sometimes‚ examples of what does not work‚ is an excellent way to understand more clearly why something does work. Insight into Enron provides just such an example. Top management it clear that the only important aspect was to make money and continually grow the stock prices (Enron: The Smartest Guys in the Room‚ 2005). Even though several employees questioned‚ if
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corporate scandals of Enron‚ Tyco‚ and WorldCom. Before filing for bankruptcy in 2001‚ Enron Corporation was one of the largest integrated natural gas and electricity companies in the world. It marketed natural gas liquids worldwide and operated one of the largest natural gas transmission systems in the world‚ totaling more than 36‚000 miles. It was also one of the largest independent developers and producers of electricity in the world‚ serving both industrial and emerging markets. Enron began as a pipeline
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SHELL SELECTION PROCESS Before an applicant is selected by Shell‚ he or she would have to achieve the company’s expectations via there degree qualification and are required to have a valid work permit for their location they are being selected to work in. There selection process begins with a candidate being asked to create a profile and complete three pre registration questions to check if they certify the three company fits which are person fit‚ job fit and team fit. After which they are asked
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Ethical Implications of Aversive Conditioning It is not usual for psychologists to give prominence to ethical issues and Skinner is no exception. However‚ in writing about the application of behavioral analysis to significant issues in human behavior. Skinner stresses three issues which have general ethical implications. The use of positive reinforcement‚ the minimization of punishment contingencies and the specification of objectives (Skinner 1953‚ 1971). Aversive Conditioning is the use of unpleasant
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[Case/Article Name]: The Enron Wars – Vanity Fair | The Watkins Memo | Questions: 1. Why do you think the whistleblowers we’ve encountered have all been women? The first reason I guess is women are more considering about emotions not about objective facts. Maybe a man won’t do anything he thinks it is wrong. He will refuse wrong things immediately. But women judge things by their own standards. For instance‚ if a woman likes the person who tells a woman to do something wrong based
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Fluid Phase Equilibria 337 (2013) 89–99 Contents lists available at SciVerse ScienceDirect Fluid Phase Equilibria journal homepage: www.elsevier.com/locate/fluid Asphaltene deposition prediction using adaptive neuro-fuzzy models based on laboratory measurements Karim Salahshoor a ‚ Sepide Zakeri a ‚ Sedigheh Mahdavi b‚∗ ‚ Riyaz Kharrat a ‚ Mahmoud Khalifeh b a b Petroleum University of Technology‚ Tehran‚ Iran Petroleum Research Center‚ Petroleum University of Technology‚ Tehran
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Rahina Ishawu The Threshold of Democracy Dr.S 09/29 14 LEADERSHIP SELECTION My fellow Athenians We are all gathered here today to discuss an important topic concerning how magistrates and those in charge of executing the decisions of the Assembly are chosen. As of today my fellow Athenians‚ the people who make decisions for this great city are those who own land or equivalent properties. But as a radical democrat‚ I believe that selected individuals should not hold so much power to the detriments
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Business Strategy Enron Case Study 09/08/12 Enron Case Study: From Company to Conspiracy 1. What is the History of Enron‚ and what current situation does it find itself in? Enron was created by a combination of companies. These companies were Houston Natural Gas and InterNorth. These companies were merged together in July 1985. CEO of Houston Natural Gas‚ Kenneth Lay became chairman and CEO of the combined company. This happened in February 1986. The company changed its name to Enron on April 10th
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After hearing bits and pieces about the “Enron scandal” over the years‚ it was interesting to learn about what specifically happened to the global giant company and how it reached its demise in the early 2000s. It seems as though Enron’s downfall had largely to do with the corporate culture instilled within the company from its inception in 1984. The idea of “get big fast” encouraged employees to do whatever they deemed necessary to drive earnings‚ even if it meant leaving ethics at the door. The
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CASE 3 Enron: Questionable Accounting Leads to Collapse Once upon a time‚ there was a gleaming headquarters office tower in Houston‚ with a giant Tilted ―E‖ in front‚ slowly revolving in the Texas sun. Enron‘s suggested to Chinese feng shui practitioner Meihwa Lin a model of instability‚ which was perhaps an omen of things to come. The Enron Corporation‚ which once ranked among the top Fortune 500 companies‚ collapsed in 2001 under a mountain of debt that had been concealed through a complex scheme
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