Room Enron and Madoffs Ponzi scheme: two scandals that changed U.S. history and prove just how weak the controlling mechanisms of developed economies are. Enron‚ the seventh largest company in the United States‚ was declared bankrupt in December 200 1 after its investment partnership proved to be masking a colossal mountain of debt (around $1.2 billion). Similarly‚ Madoffs company‚ Bernard L. Madoff Investment Securities‚ was associated with a $65 billion fraud ’ that affected around 4‚800 clients
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Transportation. Contents [hide] * 1 Air * 2 Land * 2.1 Rail * 2.2 Road * 2.3 Water * 3 Other modes * 4 Components of a mode of transport * 5 Worldwide comparison of the most important transport modes * 6 See also * 7 References | [edit] Air Main article: Aviation Air France Airbus A318 landing at London Heathrow Airport A fixed-wing aircraft‚ typically airplane‚ is a heavier-than-air craft where the movement of
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1. When analyzing the buyer decision process of a traditional Porsche customer I found that they primarily produce sports cars and mainly appeal to a selective market segment of economically stable and target the high class. The company purchases reflect themselves and personal achievement showing the customer why they should buy cars like Porsche. The customers purchase the product because it is a fun car to drive and enjoy and because of the brand name. 2. The traditional Porsche customer decision
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approach has extra costs involved‚ that means that in hard economic times Nau has a limited appeal‚ because the population would rather choose the cheaper product. Although‚ the company also saves money by the inventory for instance. As mentioned in the case‚ they do not need a large storage room‚ because of the “Web-front” concept. Studies appear to show a positive relationship between social involvement and the economic performance of firms. So in the times when the economy is down‚ it has a limited
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TO WHAT EXTENT HAS THE INCREASED AVAILABILITY AND ACCESSIBILITY OF INTERNATIONAL TRAVEL HAD AN IMPACT ON MODERN SOCIETY? In the last thirty years different societies have experienced a considerable number of changes in customs‚ beliefs and communication methods‚ citizens from Asia‚ America and Europe were more attracted to international travel and destroyed the frontiers paradigm creating an interlinked world. Currently‚ some international institutions such as the European Union‚ the Organisation
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Unit 5 Assignment 1: Implementing Comprehensive Human Resources Risk Management Plan Human Resources Risk Mitigation: Objective • Human resources policies and practices should reduce the human risk factors in information technology (IT) security and information access controls. Decrease the risk of theft‚ fraud or misuse of information facilities by employees‚ contractors and third-party users. Scope • the organization’s human resources policies‚ taken as a whole‚ should extend to all the persons
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Brham S. Inocencio BSA IV-A CASE 01 – Enron Corporation 1. List three types of consulting services that audit firms have provided to their audit clients in recent years. For each item‚ indicate the specific threats‚ if any‚ that the provision of the given service can pose for an audit firm’s independence. In the recent years‚ auditing firms provides the following consulting services to their clients: a. Internal auditing b. Design of accounting systems c. Various types of Information Technology
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Table of Contents EXECUTIVE SUMMARY 1 DESCRIPTION OF THE COMPANY 1 MISSION STATEMENT 1 PRODUCTS AND SERVICES 1 FINANCIAL FORECAST 2 FINANCING REQUIREMENTS 2 HISTORY AND POSITION TO DATE 4 THE COMPANY’S MISSION 4 MANAGEMENT TEAM AND KEY PERSONNEL 4 SERVICES 6 TRANSPORTATION 7 COMPANY HISTORY 7 GUARANTEES AND WARRANTIES 8 BUSINESS STRUCTURE 8 MARKET RESEARCH 8 ECONOMIC AND SOCIAL FACTORS 9 COMPETITIVE ENVIRONMENT 9 LONG-TERM OPPORTUNITIES 9 GEOGRAPHIC AREA 10 MARKET DESCRIPTION
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Question 3-4 Notes EEO states which is that EEOC is responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person ’s race‚ color‚ religion‚ sex (including pregnancy)‚ national origin‚ age (40 or older)‚ disability or genetic information. These laws apply to all types of work situations‚ including hiring‚ firing‚ promotions‚ harassment‚ training‚ wages‚ and benefits. Affirmative action is intended to promote the opportunities
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1. Consider a 1-Year $10‚000 CD A. The future value of a $10‚000 CD that has a maturity of 1 year at maturity with 10% interest is $11‚000. Financial Calculator Inputs: $ -10‚000=PV‚ 1=N‚ I=10‚ FV=? ($11‚000) B. The future value of a 1-year‚ $10‚000 CD after one year at an interest rate of 5.0% is $10‚500. Financial Calculator Inputs: $-10‚000=PV‚ 1=N‚ 5=I‚ FV=? ($10‚500) The future value of a 1-year‚ $10‚000 CD after one year at an interest rate of 15.0% is $11‚500. Financial
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