Individual Project Capstone Case Study – Arthur Andersen LLP Bus 680 – Economics for Business Decisions Summer 2013 1. Discuss the environmental‚ strategic and organizational changes that occurred over the life of Andersen in the context of figure 11.1. While Andersen started off as a stable environment‚ once changes started being made to the main focus of the company many changes were expedited. While still successful in it’s auditing business‚ other opportunities arose that allowed for quicker
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1.Arthur Andersen contributed to the Enron disaster by shredding documents‚ which was obstruction of justice‚ by allowing the person in charge of the Enron account to overrule the quality control partner‚ by being revenue focused and by not standing up to its clients‚ and by not changing their internal control policies. 3. The prime motivation behind the decisions of Arthur Andersen’s audit partners on the Enron audits was not for the public interest but for profit and fear of losing clients.
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Contemporary Issues in Business Topic 4: The importance or otherwise understanding cultural issues for business firms operating internationally. Contents Introduction 3 Why firms want to do business internationally? 3 1. Main problems of doing business internationally 4 1.1. What is culture? 5 1.2. Which factor had company look at when it arrives to another county? 5 1.2.1 The employees are doing business internationally 6 1.2.2. The company is developing its
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went to school in Ukraine for ten years. When time came for my father to change his work‚ he decided to move to America‚ but he thought that he would find a better job to support the family. The second reason he left Ukraine is that my sister was alone studying at Manhattan College. She needed support and love from him. He left me and my mom. It was big change for me to be without him and my sister for so long. I did not have any thought in my mind that I would go to America to visit my dad and my
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technology the basis of long-term national competitive advantage? Compare differences in the innovation systems of leading economies‚ industries and firms. (72%) 1. Introduction Technological developments have shaped our world since the beginning of civilization. In this report‚ by examining the important influences of technology and other factors which may also be powerful influences on human history‚ we will discuss whether technology is the basis of long-term national competitive advantage. We
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How could the ENRON scandal been avoided? The Enron scandal could have been avoided had they had an organizational culture of honesty‚ integrity and ethics 1. There should have been stronger management and better ethical oversight. Even employees should have had a sense of the expected ethical values and try to maintain a strong sense of organizational culture. 2. There should have been measures in place to oversee the activities of accounting firms (Arthur Andersen)‚ as they acted as both Enron’s
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texts: The first text “The demise of Guys” by Phillip Zimbardo and Nikita Duncan claims that young men in our society are falling behind. Academically‚ creatively‚ socially‚ and romantically. They have a lack of motivation‚ according to society‚ which cause girls to overtake their place. Zimbardo and Duncan say that society lacks in giving the right support‚ means‚ and places to these young men to get them to want to stand up for themselves. And later in life take care for others‚ e.g. a wife or children
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THE RELATIONSHIP BETWEEN EXECUTIVE COMPENSATION AND FIRM PERFORMANCE IN KENYAN BANKING INDUSTRY Dr. Josiah Aduda‚ jaduda@uonbi.ac.ke‚ Lecturer and chairman‚ department of Finance and Accounting‚ School of Business‚ University of Nairobi‚ Kenya and Leonard Musyoka‚ University of Nairobi Abstract Economic theory of executive pay has focused on the design of optimal compensation schemes to align the interests of hired managers and shareholders. Agency theory has identified several
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The Demise of My Grandmother Knowing My Grandmother Would Die in a Few Days Death can be cruel sometimes. It can replace happiness with grief and sorrow. It could take the life of any person without expecting it. But some‚ especially old people‚ like my paternal grandmother are given an expected date of expiration. You see‚ my grandmother had cancer. She was not ruffled by the news; in fact‚ she was the most calm among those around her. My grandmother was a woman of strong will. Her courage and
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How Can The German Car Manufacturer Firm “A” Enter Brazil Market Firm A is a big multinational enterprise in Germany which focuseson vehiclemanufacturer. Now‚ firm A is planning to enlarge its business in the world. Brazil‚ the largest emerging economy in Latin America is their first choice. However‚ similar to other developing countries‚ the business and trade condition in Brazil is different from developed countries. So‚ firm A may face great political and cultural risk when doing business in
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