Ranbaxy’s criminal guilty plea and $500 million in fines and penalties has brought back the spotlight on corporate governance. The criminal case focused on sales in the US market. However‚ if media reports are to be believed‚ Ranbaxy committed systemic fraud in its worldwide regulatory filings. The US case dates back to the year 2004. This is the initial year when the Corporate Governance Code‚ which was issued by Sebi in the year 2000‚ was made mandatory. Therefore‚ it is quite likely that many
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Management accounting advanced Timothy Alkemade 10195270 Theo Dekker 10004598 Ninh Pham 10281746 Lion Scholte 10002248 Marco van Zijp 10285040 Mobil USM&R (A) Case Analysis 1 What objectives and measures should the two customer teams ( consumer sub-team‚ dealer sub-team) select for their core customer outcomes. How can these teams measure what the dealer and Mobil must do well to achieve the desired customer outcomes? Customer Sub Team Objective
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Hepatitis B Vaccine Medical Assistant Gladys Maria Shafer February 19‚ 2013 Hepatitis refers to an inflammation of the liver‚ which is swelling that occurs when the tissues of the body become injured or infected. “Hepa” means liver and “itis” refers to inflammation. The Hepatitis B virus spreads through blood or direct contact with any body fluids from someone who already has a Hepatitis B infection and the virus enters the body unnoticed
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Week 1 Case Assignment: Monsanto Attempts to Balance Stakeholder Interests Case 1‚ Pages 382-395 Read the Case Study entitled‚ “Monsanto Attempts to Balance Stakeholder Interests” on pages 382-395. Then‚ answer all three questions at the end of the case. 1. Does Monsanto maintain an ethical culture that can effectively respond to various stakeholders? In my opinion‚ no. Monsanto has tried‚ but fails to even create an ethical culture that can effectively respond to stakeholders. Considering how
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investors high-flying millionaires. Today‚ it boasts of having the competency to manufacture and market various office related and document-management products such as color and black-and-white printers‚ copiers‚ digital production printing presses and several related consulting services and supplies. The up-to-date and highly technological-savvy products are the results of Xerox famous research center named Xerox Palo Alto Research Center or Xerox PARC which is at present located in Palo Alto‚ California
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CapitalBanc Corporation case 2.4 1- Management assertion is a set of information that the management provided it to the auditor‚ so the auditor will make sure there are no material misstatements. According to AU 326‚ paragraph 3‚ management assertions can be either explicit or implicit and can be classified according to three categories: Assertions about transactions‚ assertions about accounts balance‚ and assertions about presentation and disclosure. The auditor has to keep in mind that the
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Fluor Corporation (NYSE: LFR) - a publically traded company on the New York Stock exchange‚ founded in 1912. The company offers many services as a part of its five segments business: oil & gas‚ industrial & infrastructure‚ government‚ global services‚ and power subsidiaries. Fluor Corporation provides engineering‚ procurement‚ construction‚ fabrication and modularization‚ commissioning and maintenance‚ and project management services worldwide. The business operates in the United States and Canada
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Introduction Carnival Corporation as the largest cruise line in the world is being a leader and innovator in the cruise line industry. Many of the onboard activities and services were introduced to strengthen the competencies between competitors. The challenges of the Carnival were being overcome by the management with creative and innovative strategies. As a corporate entity‚ Carnival did not refuse to withdraw money to settle the ocean pollution charged by public. The expansions of cruise line
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Describe the components of Stretch ’r Wings sales approach. This company’s sales approach is well put together. I say this because when you get to section 5 ( Strategy and Implementation Summary)‚ you see everything that an investor would want to see in a business plan. Let’s start with the Competitive Edge which breaks down the company’s product and features like an Aluminum frame and also explain some of their competitors product so the investor that the plan is presented to can compare and
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1. The audit risk model is composed of four risks. The planned detection risk is a factor of inherent risk‚ control risk‚ and acceptable audit risk. Planned detection risk is the risk the auditor fails to detect misstatements and will increase or decrease dependent on the level of risk in the other three factors. If the auditor determines it is expected that misstatements is highly likely than inherent risk increases and create a higher demand for evidence. As the same with control risk‚ the
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