Arthur Andersen: Questionable Accounting Practices 1. Describe the legal and ethical issues surrounding Andersen ’s auditing of companies accused of accounting improprieties. The legal issues that surrounded Andersen ’s audition were that there was conflict of interest and there was lack of independence on the part of Andersen. In this context‚ Andersen took up lucrative management consultancy projects for the clients of whom it was the auditor. From the deontological ethical perspective
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1.1 A simple definition is that leadership is the art of motivating a group of people to act towards achieving a common goal. This definition‚ I think‚ captures the leadership essentials of inspiration and preparation. Effective leadership is based upon ideas‚ but won’t happen unless those ideas can be communicated to others in a way that engages them. Put even more simply‚ the leader is the inspiration and director of the action. He is the person in the group that possesses the combination
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My Personal Goals Every successful person has a list of values‚ visions‚ and goals. I live by my values‚ make decisions with my visions in my mind‚ and set goals that will help me reach my life visions. These three elements take me to places I want to be in life. These elements reflect achievement goals and performance goals. “Achievement goals reflect the purpose of an individual ’s achievement pursuits and two general types have been proposed: mastery and performance. When pursuing mastery
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can be a manager but not a leader‚ a leader but not a manager‚ and both a manager and a leader? Answer: The discussion between management and leadership has been considerable for a number of years. Differentiation between leadership and management is important. There is difference between manager and leader but both are important. Manger has to manage which means to accomplish and to bring about‚ to conduct and to feel the responsibility. On the other hand‚ Leader leads by guiding‚ and influencing
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James Magee BA 411 Report to Shareholders Business Model When Magee Company began in 2011‚ the company had the goal of producing top of the line sensors to customers who demand the newest technologies. The firm would do this by manufacturing its product lines at or above the expectations of customers‚ while still trying to maintain a competitive price within in the market. To gain market share‚ the company planned to heavily
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EIN6339 Operations Engineering ASSIGNMENT #1: The Goal and Theory of Constraints (TOC) Shahrouz Ebadian (Shahrouz.Ebadian@gmail.com) The Goal: Do you think that this is an operational methodology or a philosophy? Please explain. The Goal is a management-oriented novel that focuses on the concepts of systems management. The fictional novel focuses around Alex Rogo and the problems in his production plant. The plant is constantly behind schedule and unprofitable. Alex is given
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John Brooks Comp 1010-34 Dec. 12‚ 2011 Striving to be a Successful Student What I knew about being a student had changed before I ever thought of attending college‚ I firmly believed my school days were long behind me at the age of fifty‚ but that belief turned out to be false. The event that changed my mind was the loss of a job due to a layoff. I knew that due to my advanced age it would be hard to secure further employment without improving my education. The logical place to start would
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Introduction to Sociology and Community Development CSTU 5110-2167 Lecturer: Dr Denys Delany ESSAY IS NEW ZEALAND/AOTEAROA A CLASSLESS SOCIETY? DISCUSS – IF SO WHAT DEFINES THIS STRUCTURE? – IF NOT WHAT IS THE MAIN BASIS OF SOCIAL STRATIFICATION IN NEW ZEALAND/AOTEAROA? Due date: 13th April 2007 Student Name: Ali Rankin Student ID: 1282990 Email: (ali_rankin@hotmail.com) Address: 49 Alfriston Road‚ Manurewa
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Using rewards to motivate employees. How to pay: rewarding individual employees to variable pay programs Types of pay programs Piece-rate pay Merit based pay Bonuses Skill based pay Profit sharing plans Gain sharing Employee stock ownership plans Evaluation of variable pay Piece rate pay Provides no base salary and pays the employees only for what the one produces. E.g. ball park workers Limitations are that they are not feasible for many jobs Profit sharing plans
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concept & cost‚ centralized authority‚ complex formalities‚ lack of technical competence‚ hesitance and inconsistence in decision making. In Bangladesh‚ there is no such thing as Time-Cost Trade-Off between objective (project completion in time) and means (formalities & procedure). Looking at the set up of procedures and the continuous changes that are brought in it‚ one feels that the systems are built on a general’s assumption that everybody is dishonest unlike in the west‚ whereby and large “Systems
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