history of the Revolutionary Armed Forces of Colombia‚ also known as FARC‚ I can understand Chiquita’s executives reasoning in making the decision to pay the paramilitary group. I agree with their decision to make the protection payments. What ethical principles support your opinion? One of the strongest principles is: Do no Harm. This means to prevent or minimize harm to the general public and to the stakeholders of the company. Chiquita’s managers took the threat from the paramilitary group
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Executive Summary This case study is on the topic ‘DaimlerChrysler-Knowledge Management (KM) Strategy’ from the Harvard Business School case studies. Principally‚ this case is based on the merger of Daimler‚ a German automobile company and Chrysler of the USA. We will analyse the KM related issues faced by the company in the post-merger period. These issues include implementation of KM‚ mismanagement‚ cultural differences‚ individual people barriers‚ etc. Furthermore‚ there are solutions and also
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Internal Cash Control Iasia Goodson ACC/220 June 27‚ 2010 Jaclyn Strauss Internal Cash Control The weaknesses in the scenario E4-5 are huge. The first one is the fact that the company checks are not prenumbered‚ how will you keep track of what check was written and what it was written for. Another weakness would be that the purchasing agent and the treasurer are authorized to issue checks that are kept in an unlocked file cabinet. There is so much room for theft here; as well
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Professional‚ Legal and Ethical issues in person-centred care For the purpose of this assignment the student will be discussing and analysing the professional‚ legal and ethical issues that influenced how person-centred care was delivered to a patient in an acute psychiatric hospital where the student was working. In accordance with the Nursing and Midwifery Council (NMC) (2010) the patient will be referred to as Sarah to uphold confidentiality. During a shift at the hospital the student attended
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INTERNAL AUDIT 1 Internal audit ‘Internal audit’ is an appraisal activity established by management for the review of accounting and internal control systems as a service to the entity. It reviews‚ monitors and make recommendations for the improvement of systems. Other activities include: Examination of financial information Review of economy‚ efficiency and effectiveness (‘value-for-money’ audits) Review of compliance with external laws and regulations Review of internal policies Review
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of World War II‚ American theater was transformed by the work of playwright Arthur Miller. Profoundly influenced by the Depression and the war that immediately followed it‚ Miller tapped into a sense of dissatisfaction and unrest within the greater American psyche. His probing dramas proved to be both the conscience and redemption of the times‚ allowing people an honest view of the direction the country had taken. Arthur Miller was born in Manhattan in 1915 to Jewish immigrant parents. By 1928‚ the
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Arthur Andersen was one of the ’Big 5 ’ accounting firms‚ the others being PricewaterhouseCoopers (PWC)‚ Deloitte Touche‚ Ernst and Young‚ and KPMG. Throughout the 1980 ’s and 1990 ’s‚ these five companies provided auditing and tax services to most of the west ’s major companies. However‚ in 2002 Arthur Andersen ’s licences to practice as Certified Public Accountants (CPA ’s) in the US were voluntarily surrendered by the company in the wake of criminal charges relating to the Enron scandal. Although
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The internal environment: * Strategic competitiveness and above – Average returns result when Internal organization (What a firm can do : function of resources‚ capabilities‚ and core competencies) matches External environment ( What a firm might do : function of opportunities in the firm’s external environment → Competitive Advantage * Competitive advantage key points: * No competitive advantage lasts forever. * Over time‚ rival use their own unique resources‚ capabilities‚ and
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Andersen was too fee-driven. For example‚ hard selling of services (particularly consultants tagging along on audits) that the clients did not need and giving results of both auditing and consulting‚ supported by the client’s goals. Resistance to change from seemingly unethical to ethical practices. The root of the problem was top management figures who exemplified poor ethical practices. Internal conflicts of interests between consulting and auditing businesses. Internal competition
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Here I would like to emphasize a bit on Social Capital. Social capital according to me is the pool of ties that a person encompasses during his lifetime including strong and weak ties. Persons with higher social capital are bound to be better off with greater health and general well being. Social capital helps to leverage the people we communicate with for the benefit of our shared and individual interest. We can relate this with a famous punch line - “I scratch your back‚ you scratch mine.” The
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